Word: scapegoatism
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...control inflation when he has been unable to for the past four years. That too has been part of his learning experience. He admits being caught off guard by inflation, though a Governor who was in office during the 1973 oil embargo and who uses OPEC as his scapegoat should not have been. "This enormous buildup in oil prices has driven inflation high and interest rates high all over the world," Carter told a town meeting in Nashville. "Had I known ahead of time that would happen, I would have put much more emphasis the first couple of years...
...ambitious fund drive to date, an effort slated to rake in $250 million by mid-1984. Although Gordon's check will probably surpass many others, it pales in comparison to his other contribution: his influence on other wealthy Harvard alumni, corporations, and foundations. Now that inflation has become the scapegoat for almost every ill, the University is calling on men like Gordon to persuade the nation that Harvard University, the educational institution with the largest endowment in the country, needs another cool quarter-billion. Now, more than ever, Harvard needs a friend in the business...
...ambitious fund drive to date, an effort slated to rake in $250 million by mid-1984. Although Gordon's check will probably surpass many others, it pales in comparison to his other contribution: his influence on other wealthy Harvard alumni, corporations, and foundations. Now that inflation has become the scapegoat for almost every ill, the University is calling on men like Gordon to persuade the nation that Harvard University, the educational institution with the largest endowment in the country, needs another cool quarter-billion. Now, more than ever, Harvard needs a friend in the business...
...ambitious fund drive to date, an effort slated to rake in $250 million by mid-1984. Although Gordon's check will probably surpass many others, it pales in comparison to his other contribution: his influence on other wealthy Harvard alumni, corporations, and foundations. Now that inflation has become the scapegoat for almost every ill, the University is calling on men like Gordon to persuade the nation that Harvard University, the educational institution with the largest endowment in the country, needs another cool quarter-billion. Now, more than ever, Harvard needs a friend in the business...
...find a political scapegoat for roaring inflation, the Carter Administration has tried to place the blame almost entirely on OPEC for raising energy prices. While the foreign oil cartel is a major force behind inflation, it is far from the only one. Energy costs amount to about one-third of this year's projected 15.5% inflation rate. But indisputably, the new energy era poses a serious challenge to free-market economies. Modern industrial nations have been built on relatively cheap, easily available fuel. There is a real question of how, and whether, capitalism can continue to grow...