Word: perils
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Dates: during 1980-1989
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Such harshness has startled the Japanese and clearly left them shaken. Said one Tokyo banker: "There's a hurricane of anti-Japanese sentiment blowing that's reminiscent of the days when William Randolph Hearst played up the yellow peril." The Japanese insist that they are doing more than ever to encourage American firms to do business in their country. Last week the Japan External Trade Organization was host to a four-day fair for products of 250 small and medium-size U.S. exhibitors. Among them: Montana Log Homes of Kalispell, Mont., and AmLab International, a New Jersey maker of pharmaceuticals...
...fact, the world's tragedy that occurred in Bhopal, not only because one saw fellow mortals stricken but because the industrialized society has created a shared fragility. The sources of enhancement are also the sources of fear and peril-all the chemical plants, nuclear power plants and other strangely shaped structures concocting potential salvation and destruction in remote and quiet places. The citizens of Bhopal lived near the Union Carbide plant because they sought to live there. The plant provided jobs, the pesticide more food. Bhopal was a modern parable of the risks and rewards originally engendered...
...some 40 states were raising taxes. Income, corporate and motor-fuel taxes in Ohio, for example, went up a staggering 40% to 50%. In 1982, 30 states again raised sales, individual or corporate income taxes. Last year 43 states imposed new tax increases. Lawmakers did so at their political peril. In Michigan, two state senators who supported Governor James Blanchard's 38% income tax increase in 1983 were recalled by irate voters. But while voters balked at the medicine, they appreciated the cure. Michigan's deficit has shrunk from $1.7 billion to $250 million in the past...
...sped-up age, three repetitions acquire the force of tradition. Ronald Reagan strengthened that tradition by breaking the informal taboo against an incumbent President's agreeing to debate when he enjoys a long lead. Reagan thus set a precedent that future incumbents may defy only at the peril of being judged "chicken...
...Peril and promise face a newly inaugurated President