Word: problems
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Dates: during 1970-1979
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Competing pressures tempt one to believe that an issue deterred is a problem avoided; more often it is a crisis invited...
...volunteer juries have turned out to be sensitive and imaginative. They have handed out some less-than-draconian but effective decrees: ordering a 17-year-old to join an athletic team; rebuking a father for belittling his son and "being part of the problem"; instructing a youth to write a letter of apology to a policeman...
...inflation program, the Administration agreed not to try to penalize any violators of the "voluntary" wage and price guidelines. Miller attempted to soothe his colleagues in Belgrade by promising that the Administration would "stay the course" in battling inflation, but doubt remained. Said one West German Cabinet minister: "The problem is Carter's chaotic leadership...
Though the greenback strengthened a bit late last week as the markets anticipated new dollar defense moves, worry remains deep about the future of the monetary system that helped create the world's postwar prosperity. The central problem is the roughly 1 trillion footloose dollars that slosh around banks and currency markets outside the U.S. For many years during the 1950s and 1960s, Europeans complained about a "dollar gap." Greenbacks were the only currency that was accepted everywhere, though there were not enough of them around to finance world trade and development. But the dollar gap has since become...
...lower than in the same period in 1978. Once U.S. car and truck sales accounted for well over half of Ford's automotive profits; now they produce less than one-third, and all of that comes from trucks. In fact, Ford suffers from a milder case of the problem that afflicts Chrysler: Americans have not been buying big, heavy cars. But unlike Chrysler, Ford is earning money because it has hugely profitable overseas operations that easily offset the domestic losses...