Word: poorness
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Dates: during 1970-1979
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...deep, deep trouble when leading economists can do no better than to suggest that the poor and aged pay more. Not one mention of the contributions of capitalism to its own problems. No suggestion that military spending is the most inflationary force of all. No hint that physicians and the organization of medical care have anything to do with Medicare and Medicaid runovers-nope, it's those dumb people who "blithely" accept their physicians' recommendations. The solution? To blame the victims...
Given the relatively poor quality of surveying instruments used in 1774 and the common practice of basing astronomical observations on the moons of Jupiter rather than the star Polaris, it is amazing that the boundary between Derby Line, Vt., and Rock Island, Que., is as close to the "true" 45th parallel of latitude as is the case...
...about the economy is just as baffling. Carter and Congress are being pulled in two incompatible directions. While inflation continues to roar along at an annual rate of 13%, the clouds of recession are fast gathering. Tight fiscal and monetary policies that can curb inflation may aggravate unemployment. "Poor Carter," said an aide. "He can't even get the timing of the recession to break in his favor. If the economy were really going soft now, he would solve it with some stimulus this fall and the recession might be over by spring. Instead of that, the recession will...
...much cheaper to buy out a company than start a new one. Stock prices are also depressed relative to alternative investments in tangibles. In the twelve months to June, the value of silver rose 63%, gold 55%, old master paintings 22% and housing 14%; meanwhile, the Standard & Poor's composite stock index posted an undistinguished 5.3% gain...
Despite Carter's continued poor showing in the polls, his mother, Lillian Carter, said yesterday she still believes her son can win the Democratic nomination even if Sen. Edward M. Kennedy '54 (D-Mass.) challenges...