Thank you, Tim, for your hard work on this issue and on our economic recovery. 谢谢你，蒂姆，感谢你在这个问题上以及在我们经济复苏中所做的辛勤工作。
The economic crisis we face is unlike any we've seen in our lifetime. It's a crisis of falling confidence and rising debt, of widely distributed risk and narrowly concentrated reward; a crisis written in the fine print of sub-prime mortgages, on the ledger lines of once mighty financial institutions, and on the pink slips that have upended the lives of so many people across this country and cost the economy 2.6 million jobs last year alone. 我们面临的经济危机是我们有生以来前所未见的。这是一场信心下降、债务攀升的危机，是风险广泛分散而收益却高度集中的危机；这场危机写在次级抵押贷款的细则中，写在曾经强大的金融机构的账目行间，也写在颠覆了全国无数民众生活的解雇通知书上，仅去年一年就让经济损失了260万个就业岗位。
We know that even if we do everything that we should, this crisis was years in the making, and it will take more than weeks or months to turn things around. 我们清楚，即使我们竭尽所能，这场危机也是多年积累所致，扭转局面需要的不是几周或几个月的时间。
But make no mistake: A failure to act, and act now, will turn crisis into a catastrophe and guarantee a longer recession, a less robust recovery, and a more uncertain future. Millions more jobs will be lost. More businesses will be shuttered. More dreams will be deferred. 但请不要误解：如果不采取行动，不立即行动，将使危机演变成灾难，并注定迎来更长的衰退、更疲软的复苏和更不确定的未来。将有数百万人失去工作。将有更多企业倒闭。将有更多梦想被搁置。
And that's why I feel such a sense of urgency about the economic recovery and reinvestment plan that is before Congress today. With it, we can save or create more than three million jobs, doing things that will strengthen our country for years to come. It's not merely a prescription for short-term spending -- it's a strategy for long-term economic growth in areas like renewable energy and health care and education. 正因如此，我对今日提交国会的经济复苏与再投资计划怀有如此强烈的紧迫感。借助这一计划，我们能保住或创造300多万个就业岗位，做那些将使我国在未来数年更加强大的事情。它不仅仅是短期支出的处方，更是一项在可再生能源、医疗保健和教育等领域实现长期经济增长的战略。
Now, in the past few days I've heard criticisms that this plan is somehow wanting, and these criticisms echo the very same failed economic theories that led us into this crisis in the first place -- the notion that tax cuts alone will solve all our problems; that we can ignore fundamental challenges like energy independence and the high cost of health care; that we can somehow deal with this in a piecemeal fashion and still expect our economy and our country to thrive. 过去几天里，我听到有人批评这项计划有所欠缺，而这些批评恰好呼应了那些最初将我们引入这场危机的失败经济理论——那种认为仅靠减税就能解决所有问题的观念；那种认为我们可以无视能源独立和医疗高成本等根本挑战的观念；那种认为我们可以零敲碎碎地处理这些问题却仍然指望经济和国家繁荣发展的观念。
I reject those theories. And so did the American people when they went to the polls in November and voted resoundingly for change. So I urge members of Congress to act without delay. No plan is perfect, and we should work to make it stronger. No one is more committed to making it stronger than me. But let's not make the perfect the enemy of the essential. Let's show people all over the country who are looking for leadership in this difficult time that we are equal to the task. 我拒绝这些理论。美国人民在11月走向投票站、以压倒性优势投票支持变革时，也同样拒绝了它们。因此我敦促国会议员毫不迟延地行动起来。没有完美的计划，我们应努力使其更加完善。没有人比我更致力于完善这项计划。但不要让完美成为必要的敌人。让我们向全国在这艰难时刻寻求领导力的人民展示，我们足以担当此任。
At the same time, we know that this recovery and reinvestment plan is only the first part of what we need to do to restore prosperity and secure our future. We also need a strong and viable financial system to keep credit flowing to businesses and families alike. And my administration will do whatever it takes to restore our financial system. Our recovery depends on it. And so in the next week, Secretary Geithner will release a new strategy to get credit moving again -- a strategy that will reflect some of the lessons of past mistakes while laying the foundation of the future. 与此同时，我们明白这项复苏与再投资计划只是我们恢复繁荣、保障未来所需行动的第一步。我们还需要一个强健可行的金融体系，以保持信贷持续流向企业和家庭。我的政府将不惜一切代价恢复我们的金融体系。我们的复苏系于此。因此下周，盖特纳部长将公布一项让信贷重新流动起来的新战略——这项战略将吸取过去错误的教训，同时为未来奠定基础。
But in order to restore trust in our financial system, we're going to have to do more than just put forward our plans. In order to restore trust, we've got to make certain that taxpayer funds are not subsidizing excessive compensation packages on Wall Street. 但为了恢复对我国金融体系的信任，我们要做的不仅仅是提出我们的计划。为了恢复信任，我们必须确保纳税人的资金不会被用来补贴华尔街过高的薪酬方案。
We all need to take responsibility. And this includes executives at major financial firms who turned to the American people, hat in hand, when they were in trouble, even as they paid themselves customary lavish bonuses. As I said last week, this is the height of irresponsibility. It's shameful. And that's exactly the kind of disregard of the costs and consequences of their actions that brought about this crisis: a culture of narrow self-interest and short-term gain at the expense of everything else. 我们都必须承担责任。这包括那些陷入困境时卑躬屈膝向美国人民求助、却照旧给自己发放丰厚奖金的大型金融企业高管。正如我上周所说，这是极不负责任的行为，是可耻的。正是这种对自身行为成本和后果的漠视引发了这场危机：一种以牺牲其他一切为代价、追逐狭隘私利和短期收益的文化。
This is America. We don't disparage wealth. We don't begrudge anybody for achieving success. And we certainly believe that success should be rewarded. But what gets people upset -- and rightfully so -- are executives being rewarded for failure, especially when those rewards are subsidized by U.S. taxpayers, many of whom are having a tough time themselves. 这里是美国。我们不蔑视财富。我们不嫉妒任何人的成功。我们当然也认为成功应当受到奖赏。但令人们愤怒——而且理所当然地愤怒的是——高管们因失败而获奖，尤其当这些奖赏由美国纳税人补贴时，而许多纳税人自己正陷入困境。
For top executives to award themselves these kinds of compensation packages in the midst of this economic crisis isn't just bad taste -- it's bad strategy -- and I will not tolerate it as President. We're going to be demanding some restraint in exchange for federal aid -- so that when firms seek new federal dollars, we won't find them up to the same old tricks. 在经济危机之中，高管们给自己发放这种薪酬方案不仅是不知分寸——更是错误的策略——作为总统我绝不容忍。我们将要求获得联邦援助的企业有所节制——这样当企业寻求新的联邦资金时，我们就不会再看到它们故伎重演。
As part of the reforms we're announcing today, top executives at firms receiving extraordinary help from U.S. taxpayers will have their compensation capped at 500,000 dollars -- a fraction of the salaries that have been reported recently. And if these executives receive any additional compensation, it will come in the form of stock that can't be paid up until taxpayers are paid back for their assistance. 作为我们今日宣布的改革的一部分，接受美国纳税人特别援助的企业，其高管的薪酬将被限制在50万美元——这只是最近媒体报道的薪酬数额的一小部分。如果这些高管获得任何额外报酬，将以股票形式发放，且在纳税人收回援助资金之前不得兑现。
Companies receiving federal aid are going to have to disclose publicly all the perks and luxuries bestowed upon senior executives, and provide an explanation to the taxpayers and to shareholders as to why these expenses are justified. And we're putting a stop to these kinds of massive severance packages we've all read about with disgust; we're taking the air out of golden parachutes. 接受联邦援助的公司必须公开披露给予高管的所有特权和奢华待遇，并向纳税人和股东解释为何这些开支是合理的。我们还要制止那些我们都曾厌恶地读到过的巨额遣散方案；我们要戳破"金色降落伞"的气球。
We're asking these firms to take responsibility, to recognize the nature of this crisis and their role in it. We believe that what we've laid out should be viewed as fair and embraced as basic common sense. 我们要求这些企业承担责任，认清这场危机的本质及其在其中的角色。我们相信，我们所提出的方案应被视为公平的，并作为基本常识被接受。
And finally, these guidelines we're putting in place are only the beginning of a long-term effort. We're going to examine the ways in which the means and manner of executive compensation have contributed to a reckless culture and a quarter-by-quarter mentality that in turn helped to wrought havoc in our financial system. We're going to be taking a look at broader reforms so that executives are compensated for sound risk management, and rewarded for growth measured over years, not just days or weeks. 最后，我们今天实施的这些指导原则只是一项长期努力的开始。我们将审视高管薪酬的方式和手段如何助长了一种鲁莽的文化和只看季度的思维模式，而这种思维模式反过来又对我们的金融体系造成了严重破坏。我们将研究更广泛的改革，使高管因稳健的风险管理而获得薪酬，因多年衡量的增长而获得奖赏，而非仅仅看几天或几周。
We all have to pull together and take our share of responsibility. That's true here in Washington. That's true on Wall Street. The American people are carrying a huge burden as a result of this economic crisis: bearing the brunt of its effects as well as the cost of extraordinary measures we're taking to address them. The American people expect and demand that we pursue policies that reflect the reality of this crisis -- and that will prevent these kinds of crises from occurring again in the future. 我们必须齐心协力，承担起各自的责任。这在华盛顿如此。在华尔街也是如此。美国人民因这场经济危机而背负着沉重的负担：既承受着危机的冲击，又承担着我们为应对危机而采取的非常措施的成本。美国人民期望并要求我们推行反映这场危机现实的政策——并防止此类危机在未来再次发生。
Thank you very much. 非常感谢。