But the economy has not shrugged off the effect of austerity.

但经济并未摆脱财政影响。

That's enough to fend off economy-harming deflation.

这些就足以抵御有害于经济通货影响了。

This is historic for Japan, which has seen years and years of deflation.

这对经历了多年通货日本来说是历史性变革。

The pace of tightening would normally be expected to drive up unemployment.

步伐通常被认为会推高失业率。

At the moment, a tight labor market and companies' fears of bad publicity provide some protection.

目前，劳动力市场和公司对负面宣传担忧为员工提供了些许保护。

But the main culprit is a collective, premature shift to fiscal austerity by governments.

但是最主要罪魁祸首是各国政府实施集体不成熟向财政转变。

Voters look at to punish Mr. Samaras for the austerity he's pushed through in government.

选民们希望能惩罚推行政策萨马拉斯。

But the collective obsession with short-term austerity across the rich world is hurting.

但是在西方世界，所有成员对于短期迷失正在加剧。

Well, speaking of austerity these ideas of rationing and austerity really define this era in terms of personal appearance.

说到，这些定量配给和想法真正定义了这时代外表。

The Federal Reserve has raised short-term rates by two percentage points since it started tightening monetary policy in 2015.

自2015年开始推行货币政策以来，美联储短期利率上调了两百分点。

We've found evaporating planets, disintegrating planets, planets clustered together in a clockwork dance, ultra-puffy planets, ultra-dense planets.

我们还发现了蒸发行星、解体行星、以机械运转形态聚在一起行星、过度膨胀行星、过度行星。

At the moment, a tight labor market and companies' fears of bad publicity provide some protection. But just some.

目前，劳动力市场和公司对负面宣传担忧为员工提供了些许保护，但保护力度很小。

Mr Hollande was elected on a promise to kick-start growth, cut unemployment and end austerity.

奥朗德带着促进经济增长，降低失业率和终结承诺上任。

The continued recession highlights the struggles brought on by austerity measures.

持续衰退突出了措施带来影响。

But then, in 2008, with the economy constricting, the money pouring in began to dry up.

但到了 2008 年，随着经济，大量涌入资金开始枯竭。

One is the ongoing fiscal contraction.

第一因素是持续财政。

The cut is also part of wider austerity measures to help the economy.

此举也是帮助经济更广泛措施之一。

Voters' support for ongoing austerity depends on a disproportionate share of any new revenue coming from the wealthy.

选民们对于正在进行财政政策支持取决于任何来自于富新税收不成比例份额。

Even if there are not additional firings, Wall Street's retrenchment will take a toll.

即使没有额外裁员，华尔街也会造成损失。

I see demand side cooling as the kind of primary factor in the disinflation.

我认为需求面降温是通货主要因素。