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At last, a proper recovery

机译:最后,恢复正常

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The American economy has technically been out of recession for six years. It is finally starting to feel like it. Millions of new jobs are sprouting. Many who had given up looking for work are trying again-and succeeding. Wage growth is picking up. But the economy is far from full strength: the Federal Reserve may have to support it for years to come. America is thriving for a few reasons. It is a relatively self-contained economy: foreign trade is only equivalent to 30% of GDP. So America feels other countries' pain only faintly. While many governments are tightening belts, America's is not: for the first time in five years, public spending as a proportion of GDP rose in 2014. American shoppers are flush with cheap credit. Lower oil prices also help, since America is still a net importer of the stuff.
机译:从技术上讲,美国经济已经摆脱了六年的衰退。终于开始感觉像它了。数以百万计的新工作正在萌芽。许多放弃寻找工作的人正在再次尝试并取得成功。工资增长正在回升。但是经济远未完全发挥作用:美联储可能不得不在未来几年内为其提供支持。美国之所以蓬勃发展,有几个原因。它是一个相对自给自足的经济:对外贸易仅相当于GDP的30%。因此,美国只是淡淡地感受到了其他国家的痛苦。尽管许多政府正在紧缩政策,但美国却没有这样做:2014年,公共支出占GDP的比例五年来首次上升。美国购物者充斥着廉价信贷。较低的石油价格也有所帮助,因为美国仍然是石油的净进口国。

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    《The economist》 |2015年第8925期|2426|共2页
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