The principal problem facing the US and Europe for the next few years is an output shortfall caused by a lack of demand. Nothing would increase the incomes of all citizens – poor, middle-class and rich – as much as an increase in demand and associated increases in incomes, living standards and confidence in institutions and the future.
未來幾年美國和歐洲面臨的主要問題，將是由需求不振導致的經濟產出不足。任何措施都不能像需求的提振以及由此帶來的收入、生活水準、以及對于制度和未來前景的信心的提升那樣，提升所有公民的收入——無論是窮人、中產階級還是富人。
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