首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
To understand the failings of existing farm programs, it’s important to understand the roots of the current farm crisis. At the
To understand the failings of existing farm programs, it’s important to understand the roots of the current farm crisis. At the
admin
2013-01-19
51
问题
To understand the failings of existing farm programs, it’s important to understand the roots of the current farm crisis. At the heart of the problem is money—how much there is and how much it costs to borrow.
A farmer is a debtor almost by definition. In my own state, it’s not unusual for a wheat farmer with 1,000 acres to owe several hundred thousand dollars for land and machinery. In addition to making payments on these loans, it’s common for such a farmer to borrow about $40, 000 each spring to cover fertilizer, diesel fuel, seed, and other operating expenses. The months before the harvest will be anxious ones as the farmer contemplates all the things that could bring: financial hardship, bad weather, crop disease, insects, falling commodity prices. If he has a good year, the farmer can repay his loans and retain some profit; in a bad one, he can lose his whole farm.
Money thus becomes one of the farmer’s biggest expenses. Most consumers can find some refuge from high interest rates by postponing large purchases like houses or cars. Farmers have no choice. In 1989, for example, farmers paid $12 billion in interest costs while earning $32 billion; last year they paid $22 billion in interest costs, while earning only $ 20 billion. In a business in which profit margins are small, $4,000 more in interest can mean the difference between profit and loss. Since 1985, 100,000 family farms have disappeared, and while interest rates have fallen recently, they still imperil the nation’s farmers.
This is why the most basic part of our nation’s farm policy is its money and credit policy--which is set by Paul Voicker and the Federal Reserve Board. The Federal Reserve Board’s responsibility for nearly ruining our economy is well-known. What’s often overlooked is how the board’s policies have taken an especially devastating toil on farmers. While high interest rates have increased farm expenses, they’ve also undermined the export market farmers have traditionally relied on. High interest rates, by stalling our economic engines, have been a drag on the entire world’s economy. Developing and third world nations have been particularly hard hit. Struggling just to meet interest payments on their loans from multinational banks, they have had little cash left over to buy our farm products.
Even those countries that could still afford our farm products abandoned us for other producers. Our interest rates were so high that they attracted multinational bankers, corporations, and others who speculate on currencies of different countries. These speculators were willing to pay more for dollars in terms of pesos, yen, or marks because those rates guaranteed them such a substantial return.
This passage is intended to ______.
选项
A、suggest effective means to deal with money crisis
B、satire the existing farm programs
C、argue against the current interest rates policy
D、advocate a modest attitude towards farmers
答案
C
解析
作者以农业为例,论证了反对高利率政策的理由。A“建议处理资金问题的有效方式”。本文作者没有提出此建议。B“讽刺当前的农业计划”。作者的语气是批评,而不是讽刺。D“鼓吹对待农民采取温和的态度”,这一点文内未提。因此,C最符合题意。
转载请注明原文地址:https://jikaoti.com/ti/6B8YFFFM
0
考博英语
相关试题推荐
WhilehewasinBeijing,hespentallhistime______someimportantmuseumsandbuildings.
ThemostfamouspainterinVictoria’shistoryisEmilyCarr.Whenshewasachild,shediscoveredthatwalkinginthewoods【1】mo
ThemostfamouspainterinVictoria’shistoryisEmilyCarr.Whenshewasachild,shediscoveredthatwalkinginthewoods【1】mo
ThemostfamouspainterinVictoria’shistoryisEmilyCarr.Whenshewasachild,shediscoveredthatwalkinginthewoods【1】mo
ThemostfamouspainterinVictoria’shistoryisEmilyCarr.Whenshewasachild,shediscoveredthatwalkinginthewoods【1】mo
ThemostfamouspainterinVictoria’shistoryisEmilyCarr.Whenshewasachild,shediscoveredthatwalkinginthewoods【1】mo
TheNationalTrustinBritain,togetherwithsimilarvoluntaryorganization,playsanincreasinglyimportantpartinthepreserv
随机试题
保持直流伺服电动机的励磁电压一定。(1)当电枢电压U2=50v时,理想空载转速n0=3000r/min;当U2=100V时,n0等于多少?(2)已知电动机的阻转矩Te=T0+T2=150g.cm,且不随转速大小而变。当电枢电压U2=50v时,转速n=1
关于Windows的对话框,下列描述错误的是_______。
在比较短的水平距离内,提升到较高的位置,通常采用( )。
小王毕业后前往边远贫困地区从事教育教学工作。依据《中华人民共和国教师法》的规定,应对小王()。
下列犯罪不属于危害国家安全犯罪的有()。
我国行政法的基本原则就是依法行政或行政法治原则。下列属于我国行政法的基本原则的有()
坚定社会主义和共产主义理想信念,必须正确认识共产主义远大理想与中国特色社会主义共同理想的关系。这对关系所具有的丰富理论内涵在于()
对长度为N的线性表进行顺序查找,在最坏情况下所需要的比较次数为______。
在窗体(名称为Form1)上画一个名称为Text1的文本框和一个名称为Command1的命令按钮,然后编写一个事件过程。程序运行后,如果在文本本框中输入一个字符,则把命令按钮的标题设置为“计算机等级考试”。以下能实现上述操作的时间过程是
Whatisthefollowingwordwhenitisunscrambled?HCPRAATEU
最新回复
(
0
)