Word: dismalness
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...prices even lower. Since 1975, as farm expenses have nearly doubled (from $75.9 billion to $141.5 billion), net farm income has fallen. Profits, which declined from $32.7 billion in 1979 to $22.9 billion last year, may dip as low as $16 billion this year, making 1982 the third dismal annual showing in a row. Says Thomas Urban, president of Pioneer Hi-Bred International, a Des Moines-based seed company: "There is nothing for the farmer to be feeling good about...
Even if he had done so, the immediate effect on grain prices would have been negligible unless the Soviets had signed on for astronomical amounts of grain. The farmers' central problem is that bumper crops and record surpluses have put grain prices at dismal lows. In Kansas, where farmers have just harvested a record wheat crop of 440 million bu., grain is selling at a meager $3.65 per bu., down from $4.05 a year ago and from over $5 in 1973. In Oklahoma, where wheat is selling at $3.20 per bu., farmers invest nearly $6 to harvest each bushel...
...business reality. Probably the most common drinks these days at executive lunches from Manhattan to Malibu are Perrier and white wine. John O'Toole, chairman of New York City's Foote, Cone & Belding advertising agency, was bemused by the Senate action. Said he: "I get a dismal sense of déjà vu. Didn't this happen just a few years ago?" Harry Poulakakos, owner of Harry's at Hanover
...novel in the mid-1940s he wrote to Freidenberg: "It is my first real work. In it I want to convey the historical image of Russia over the past 45 years, and at the same time I want to express in every aspect of the story-a sad, dismal story, worked out in fine detail, ideally...
...political system--moves toward parliamentarism--are even more unlikely. We will be lucky indeed if America manages to avoid the kind of "escape for freedom" a la Weimar that Phillips forecasts in his more lugubrious moments. Still, if there is any hope to be found in this otherwise dismal picture, it lies in the fact that none of the major organized constituencies--including the New Right--is openly advocating an authoritarian "escape." It remains to be seen if this shared democratic commitment can survive the frustrations that democracy itself promises to produce in the coming years...