Word: perilous
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...lives to ensure one another's survival, provides the theme of Janovy's work. In each of his essays, which can be read as homilies, every living thing owes its continued existence to other creatures. Animals recognize this fact instinctively; man continues to ignore it at his peril...
...frustration and resentment caused by inflation that presents the gravest social peril. In that sense everyone-rich and poor, urban and rural, blue collar and white-loses if people give up believing that inflation can be checked. Americans have accepted inequalities of income in their free economic system because they felt confident of having a fair opportunity to rise and prosper in the future. If they conclude that inflation continues to rob them of that chance, they may begin to question the system. Says Arthur Garcia, 43, who supports a wife and five children on a $19,000 wage...
...Price Stability Director Barry Bosworth-got a powerful ally in G. William Miller, who took over as Chairman of the independent Federal Reserve Board in March. Miller, a liberal businessman, was shocked by the runaway inflation he encountered and publicly urged the President to declare it the primary peril. More support came from, of all people, Labor Secretary Ray Marshall. Says one Administration policymaker: "When Marshall starts arguing for wage-price guidelines, which would fall on his constituency, then you know the situation is serious...
...Relaxing in Istanbul, they stumble across the huge drug operation run by Mustafa Algan Bey, ostensibly Turkey's premier dealer in precious carpets. Their adventures take them in and out of jail cells, dungeons, buses, trucks and steamers and across the length and breadth of Poppyland. About the only peril they do not indulge in is erotica. However, Scotsman Ivor Drummond's dippy novel could also serve as a tourist's guide to Turkey. Caveat from Jenny re Istanbul; "Too many dead cats and too many live cockroaches...
...late as last spring, although new jobs were being created at record rates, Carter's aides bickered over which was the greater peril: inflation or unemployment. Even when they agreed that it was inflation, they divided over how strongly to fight it. Political aides wanted the President to go gently, at least until after the November elections, lest any budget cuts alienate unionists, veterans, farmers, welfare recipients and other voters. Economic advisers wanted him to act firmly, paring away at programs. Characteristically, Carter split the difference, calling in April for a timid policy of a modest bud get constriction...