When the housing market began to slow, lenders pepped up the pace of sales by dramatically loosening credit standards, lending more against each property and cutting the need for documentation.
The intent was to slow the growth of Medicare costs, but the result was a formula that has proposed cutting payments for America's doctors year after year after year.
其本意是想放缓医保支出的增长速度,但结果却使其成为一年一年又一年地降低医生薪资的方案。
3
He says the slow economic recovery in the developed world has left Europe looking inward and the United States overly focused on cutting taxes.