Main Street vs. Wall Street_其他_趣味英语-查字典英语网

Main Street vs. Wall Street

That's just capitalism at work, or some say, at its worst.

Hence and therefore the unpopular Bush plan. Common folks rightfully ask why they the people should pay for the failures of the fat cats. The fat cats (bank managers) will have sold their stocks before the markets crash or had long before resigned, or been fired, and landed safely with a golden parachute (we'll talk about the parachute another day). In other words, there is no punishment for corporate executives who run their banks to the ground.

This leads us to the chagrin on Main Street. Main Street is the generic term for cities' busiest shopping centers. It's similar to High Street in Britain. In contrast to Wall Street, where big money changes hands, the Main Street is where common folks eke out a trade.

The financial crisis in America has united the two streets in that they are often seen in the same sentence, such as for example: Dump Wall Street's Trash on Main Street.

Not that the two streets will ever unite in the proper sense, but Main Street does share some of the blame for Wall Street's woes in that every time Wall Street executives come up with something rewarding (to Wall Street) but risky (to Main Street), Main Street folks lap it up. Main Street, you see, takes the bait and that is the problem. For example, if the American public doesn't live on borrowed money (credit cards, etc.) so much, they'll probably not have to pay so handsomely for the current credit crunch. Wall Street, of course, will not have merited such a sweeping cleanup. Not so soon, at any rate.