Word: reasonlies
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Dates: during 1970-1979
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...same reason, the Kurdish party, unlike some other groups, refused to boycott the constituent assembly election and even nominated three candidates of its own. Says a Kurdish lawyer: "We want to be inside the tent...
Says Otto Eckstein, a member of the TIME Board of Economists: "Most of the second-quarter drop can be traced to the disruption of auto and truck sales and the scarcity of gasoline that kept many shoppers out of the stores. Yet there is no reason to look for an especially deep recession in the year ahead." Less optimistic is Robert Nathan, another member of the TIME board. He foresees a slump that could last six quarters and a jobless rate that could hit close...
...main reason is the renewed weakness of the dollar. At the cartel's June meeting, which lifted average crude costs by 42%, to about $20 per bbl., even so-called moderate members warned that a 5% drop in the dollar's value could easily provoke another round of increases. In the past month the greenback has slumped by almost that much against strong foreign currencies, and several OPEC states are calling for an emergency meeting on prices as early as September in Vienna-well ahead of the next officially scheduled conference in December...
...businessmen who are raising their prices and the labor unions that are raising wages. When any Government tries to eliminate inflation by controlling wages and prices, what it is really doing is asking all of us to suppress the bad news that it has printed too much money. The reason we have inflation is that since 1967 the Government has caused the money supply to grow three times as fast as the goods and services that can be bought with...
...withdrawal from its traditional position supporting Somoza, even though dictated by the determination of Nicaraguan rebels, is a fundamental step in the right direction, a basic prerequisite to reestablishing the trust of a people whose skepticism of U.S. motives towards its country runs in the blood, and with good reason...