Word: poore
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Dates: during 1970-1979
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Inflation has, of course, been seriously aggravated by a host of outside or "exogenous" factors that lie beyond the power of economists to control. They cannot be held accountable for poor grain harvests, such as occurred in 1972, for the harsh winters of 1977 and 1978, or for the weather of last year that cut into harvests in the citrus belt. Government economists also argue that price gouging by foreign oil producers is exogenous. True, but only partly so. Not only did inflation in the industrial countries encourage the 13-nation OPEC cartel to quintuple its prices...
...Poor Califano: first the smoke, then the fire. Catherine Hitchcock Prescott, Ariz...
...Indochinese refugee situation must be recognized as Asia's effort to dump its excess population on Western nations. The people involved are not "political refugees," but simply masses of poor people bent on improving their...
...public. White House staffers and members of the Energy Department have formed subcommittees to pursue 13 different goals, including winning approval of the synthetic fuels bill and the windfall profits tax. Last week Carter proposed using $1.6 billion of the projected revenue from the tax next winter to help poor people pay the rising costs of heating their homes...
...Registration Day drives in the fall. Once you cellists, editors, sopranos, and politicos arrive in September, zealous upperclassmen will besiege you to join the H-R This and That Club or at least put you on its mailing list. Soon torrents of literature will make you feel like the poor sucker Uncle Sam means when he points a gnarled finger and croaks, "I want...