Word: factly
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Dates: during 1970-1979
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...fewer dollars for sale on currency exchanges, and the dollar's value would be considerably higher. Unfortunately, making that argument is about as useful as ruminating on how much easier it would be to negotiate with the Soviet Union if it were not ruled by Communists. The fact is that the U.S. is now living in a world of expensive fuel, and doing nothing effective either to conserve energy or to increase domestic energy output. To foreigners, who are saving energy through higher gasoline prices and self-imposed limitations on oil imports, the U.S. seems determined to consume...
There are other tests. Foreign nations once looked to the U.S. as the example of a powerful economy that could grow without serious inflation, a feat attained by few countries. The fact that double-digit inflation could hit the U.S. too, as it did in 1974-75, came as a shock abroad as well as at home. Now overseas observers see the U.S. bragging that its economy is growing at one of the fastest rates in the industrial world, yet whining fearfully that inflation is likely to result. The spectacle is compounded by the nation's refusal either...
Though it is obviously unfair to tax the Carter Administration with the sins of its predecessors, there is no escaping the legacy. That legacy is, in fact, a large part of the reason that the transatlantic debate over the dollar has turned into a dialogue of the deaf. Since early last year, Washington has been urging Bonn to expand its economy and bring its growth rate up to the U.S. level. If West Germany did that, its trade surplus would shrink and the deutsche mark would cease its inexorable rise against the dollar. When Administration officials charge that West Germany...
...Administration must also put together an anti-inflation program that consists of more than constant disavowals of wage-price controls. What that program should be is a legitimate subject for urgent national debate; the very fact of a debate would reassure foreigners that the U.S. is not content just to hope that inflation will go away. Further, Carter might appoint a task force to study ways of increasing U.S. exports, and thus shaving the trade deficit, without trusting to a sinking dollar to do the job. Another useful step would be to ditch the provision of Carter...
...women in London, notes that abused men are so good at self-deception that they often refuse to acknowledge the beatings at all. "Mostly they don't see themselves on the receiving end," she adds, "even though they're scratched and bitten or hit by instruments." In fact, she says, many of the men who show up at her center are originally reported as wife beaters, but turn out to be beaten husbands...