Journey in Life: 04/05/17

Wednesday, April 5, 2017

Nhóm Dịch - Dịch thuật không đơn giản

Gensan, 149 Bùi Thị Xuân

Bài trước: OMEGA tổng kết 2016

"Die on the vine" nghĩa là gì?

Photo courtesy Larry Jacobsen.

'Die on the vine' = chết trên giàn nho, nghĩa đen là (hoa quả) héo trên cây trước khi được thu hoạch, vì không quan tâm, chăm bón (to shrivel and die before being harvested, due to neglect or lack of resources) và nghĩa bóng là thất bại sớm, ngay ở giai đoạn đầu (be unsuccessful at an early stage, to fail prematurely or not come to fruition, as due to being ignored, neglected, impractical, or without the necessary means to succeed).

Ví dụ
I know you pretty well. I’ll bet the farm that you will not let your business die on the vine.

Other "must do" goals will likely change or die on the vine before the final fiscal 2018 budget deadline, despite the governor’s talk, talk, talk about their importance.

Trump’s nominee to head the Securities and Exchange Commission, Jay Clayton, is a partner at New York-based Sullivan & Cromwell LLC, a law firm used by many Wall Street banks. On Jan. 7, the editorial board of The New York Times opined that Clayton's obvious bias would likely allow a number of investor protections being considered by the SEC die on the vine, most prominent among them, the DOL rule.

Phạm Hạnh

Tái khởi động vĩ đại



Economic progress is not continual and inevitable. It can be disrupted with short downturns and, as we’ve seen in this series, periods of stasis. If we continue on this trajectory, there is the possibility of a “great reset” and there are some strong indicators that it’s already underway.

Let’s think of these indicators as “canaries in the coal mine.” Miners used to take canaries with them to provide an alarm when levels of toxic gases were too high. The birds were much more susceptible to the gases and would show signs of distress – or even die – before the miners were in grave danger.

During the Great Recession, subprime borrowers acted as the canaries. Poor credit and lower incomes made them the most susceptible to trouble in the larger financial system, and they showed signs of distress first – missed payments and foreclosures. The whole system was cracking up, but we saw it here first.

Where are the possible canaries today? The Ferguson and Baltimore riots suggest stress on America’s race relations and inner cities. Millions of men of prime working age are missing from the U.S. labor force. And what about the 2016 election? Trump’s political rise indicated serious discontent among millions of American voters, but elite political commentators, up until the very end, did not see Donald Trump becoming president.

If we look at these events as connecting the dots between stresses on the American economy, we can see some commonalities – namely, a loss of trust. People are losing trust in American institutions. Wage growth is sluggish, people are experiencing more socioeconomic segregation, and politics have us increasingly divided.

What happens if the U.S. faces a crisis? Can we respond to huge job loss from unforeseen automation? What about a foreign policy crisis, or infrastructure collapse? The American economy, with its current loss of dynamism and innovation, would have trouble responding to any sudden crisis. The federal government, with so much revenue already tied-up, would as well.

If we stay on the course of complacency, a great reset is very possible and it won’t be pleasant. But it’s not all doom and gloom. In the longer run, such a crisis could reinvigorate the American pioneer spirit, putting the U.S. back on a path of economic dynamism and growth.

Người mất tích ở Mỹ



We’re going to paint a not-so-pretty picture of the current U.S. labor force: Millions of working age (25-54) American men do not have jobs and, because they are not actively seeking work, do not count towards our primary unemployment statistic. Many of these men are living at home with their parents. They are not attending school. They are not stay-at-home dads. In fact, much of their time is going towards leisure activities such as watching television and playing video games. Almost half are on painkillers.

To be clear, this picture does not apply to every working age male without current employment, but it is accurate for a disturbingly high percentage.

If we look specifically at men without a college degree and job who are in their twenties, we find that in 2000, less than 10% had not worked at all in the past year. 15 years later, that number had more than doubled to 22%.

As of 2015, an estimated 5.5 million prime-age men (25-54) were neither working nor enrolled in school – the equivalent of the combined populations of Dallas, Philadelphia, and Chicago. It’s a worrisome trend for the economy and there’s no clear-cut answer as to why it’s happening.

Up next, we’ll discuss the possible “great reset” on the United States’ economic horizon and whether the missing men phenomenon could be a driving force.