If we care for the welfare, the wages, or the standard of life of American workingmen, we should take immediate steps to limit foreign immigration.

" 如果我们关心美国工人的福利、工资或生活水平，我们应该立即采取措施限制外国移民的涌入。

As real income increases, both the pressure of present needs diminishes and the margin over the established standard of life is increased; and as real income diminishes the opposite is true.

随着实际收入的增加，当前需求的压力会减少，与既定生活水平的差额也会增加；当实际收入减少时，情况正好相反。

But if rentiers represent on the whole the richer section of the community and those whose standard of life is least flexible, then the effect of this also will be unfavourable.

但是，如果食利者总体上代表了社区中较富裕的部分和生活水平最不灵活的部分， 那么这样做的效果也将是不利的。

Thus for a society such as we have supposed, the position of equilibrium, under conditions of laissez-faire, will be one in which employment is low enough and the standard of life sufficiently miserable to bring savings to zero.

因此，对于我们假设的社会， 在自由放任的条件下， 均衡状态将是就业率低到足以使储蓄为零的生活水平。