Mr Zapatero's minority government will get its budget through parliament thanks to support from the Basque Nationalist Party, which is being repaid with devolved employment and training powers for the Basque regional government. But there is more work to be done. The government has revised its unemployment estimate for 2011 up to a painful 19.3%, and its projected growth forecast of 1.3% looks optimistic. Markets will be convinced by Mr Zapatero's belated conversion to reform only if he hits his deficit targets. More cuts, or higher taxes, may yet be needed. Strikes look like the least of Mr Zapatero's worries.
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It is a fallacy to assume this means 'higher ticket prices or higher taxes' for the 'hapless Asian air traveller' if he travels on JAL.
如果认为这意味着乘坐日航的“倒霉的亚洲旅客”需要承担“更高的机票价格或税收”,那就大错特错了。
More cuts, or higher taxes, may yet be needed.
更多的削减开支,或更高的税收,也许仍是需要的。
When he calls for higher taxes on the rich, they may agree or not.
当他呼吁调高对富人的税收时,听众可能同意,也可能不同意。
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