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America’s recent history has been a persistent tilt to the West—of people, id
America’s recent history has been a persistent tilt to the West—of people, id
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2024-04-25
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问题
America’s recent history has been a persistent tilt to the West—of people, ideas, commerce and even political power. California and Texas are the twin poles of the West, but very different ones. For most of the 20th century the home of Silicon Valley and Hollywood has been the brainier and trendier of the two. Texas has trailed behind: its stereotype has been a conservative Christian in cowboy boots. But twins can change places. Is that happening now?
It is easy to find evidence that California is in a panic. At the start of this month the once golden state started paying creditors in IOUs(欠条). The gap between projected outgoings and income for the current fiscal(财政的)year has leapt to a horrible $26 billion. With no sign of a new budget to close this gulf, one credit agency has already downgraded California’s debt. As budgets are cut, universities will let in fewer students, prisoners will be released early and schemes to protect the vulnerable will be rolled back.
By contrast, Texas has coped well with the recession, with an unemployment rate two points below the national average and one of the lowest rates of housing repossession. In part this is because Texan banks, hard hit in the last property bust, did not overexpand this time. Texas also clearly offers a different model, based on small government. It has no state capital-gains or income tax, and a business-friendly and immigrant-tolerant attitude. It is home to more Fortune 500 companies than any other state.
Despite all this, it still seems too early to hand over America’s future to Texas. To begin with, that lean Texan model has its own problems. It has not invested enough in education, and many experts rightly worry about a " lost generation" of mostly Hispanic Texans with insufficient skills for the demands of the knowledge economy.
Second, it has never paid to bet against a state with as many inventive people as California. Even if Hollywood has gone into depression, it still boasts an unequalled array of sunrise industries and the most brisk venture-capital industry on the planet. The state also has an awesome ability to reinvent itself—as it did when its defence industry collapsed at the end of the cold war.
The truth is that both states could learn from each other. Texas still lacks California’s great universities and lags in terms of culture. California could adopt not just Texas’s leaner state, but also its more bipartisan(两党的)approach to politics. There is no perfect model of government: it is America’s genius to have 50 public-policy laboratories competing to find out what works best. [br] What does the author say about today’s California?
选项
A、Its debts are pushing it into bankruptcy.
B、Its budgets have been cut by $26 billion.
C、It is faced with a serious financial crisis.
D、It is trying hard to protect the vulnerable.
答案
C
解析
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