That recommendation if adopted; means that taxes--

如果建议被采纳
means that benefit programs would go to

就意味着福利计划
people like food stamps and unemployment insurance recipients,

应该给予领取食品券和失业保险的人群
who were likely to have a very high-margin propensity to consume.

因为这些人的边际消费倾向非常高
The political process was unwilling to do that.

一直以来各种政策都没有实现这个目标
And that the fiscal stimulus must be temporary

财政刺激只能是权宜之计
in light of the seriousness of

否则会给国家造成严重
the country's long-run fiscal problems.

而长期的财政负担
Macroeconomic policy in this environment

当前情况下宏观经济政策
can help to maintain aggregate demand,

有助于维持总需求水平
but it does not address the disruption

但在金融机构高效的
in the productive mechanism associated with the decline

中介协调能力土崩瓦解之时