Word: fault
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Dates: during 1970-1979
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Myth two: Adam Smith was right. Time's archaic assertion that small farmers are to blame for their inability to accumulate profits is about as accurate as saying a high unemployment rate is the fault of lazy welfare cheats. The forces putting farmers under have virtually nothing to do with their own efficiency, and everything to do with barriers to competition that would make Adam Smith very unhappy. Not only do farmers have to overcome drought, locust plagues, hail storms, and an uncontrollable international food market, but the numerous, relatively unorganized and competitive farmers also have to buy from...
...restore the dollar's health is "quick and dramatic relief from Japanese imports." In trade, says Eckstein, the Japanese "have done nothing for us." The Japanese, for their part, argue vehemently that they have done much to open up their market and that it is now the fault of American exporters if they cannot crack it. Who is right...
...recent months, old habits die hard and few foreign orders have been placed. And when the government does not want to buy foreign, wholesalers and industrial buyers steer clear of imports as well. At the same time, customs officers have been known to effectively shut out imports by finding fault with documentation. Moreover, since there is no reciprocity between Japan and the U.S. on normal standards, certifications and product health and safety regulations, foreign imports have to face lengthy and expensive testing procedures. Until very recently, even the smallest error gave minor bureaucrats an excuse to order the whole thing...
...show's most deyastating fault is its length. It runs almost three hours if you include the fifteen minute intermission. This would be excusable if the pace were faster and the humor more sophisticated, but the show drags horribly through long sections of both acts...
...also heard those poll results. That's what I'm looking at. As far as I'm concerned this race starts today, and it's a dead heat now. Five days and 10 hours. We have to get out there and work. If he loses, it's our fault...