Word: surpluses
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...Japan stimulate their domestic economies to help world recovery. In another corner, Europe, led by West Germany, and adamant that the U.S. cut its oil imports to straighten out its trade imbalance and firm up the dollar. In the third corner will be Japan, embarrassed by a massive trade surplus with both the U.S. and Europe and pleading for more time to cut it back by stimulating demand at home...
...Tokyo, Prime Minister Takeo Fukuda announced that he expected appreciation in Bonn for Japan's efforts to reduce its huge surpluses by restraining exports and prodding domestic activity to a 7% growth. Other Japanese policymakers, however, complained that Tokyo's labors will come to naught unless Washington helps out by controlling the dollar. "It will all be in vain if the U.S. does not cooperate," said Economic Planning Agency Director Kiichi Miyazawa. "The fact that our surpluses continue to increase despite our efforts is due mainly to U.S. foot-dragging on her energy problem and inflation." (Another cause...
...that two used to do. Neither the population nor the incidence of crime has increased more than a fraction. A nearby hamlet was adequately supplied with two special education teachers, but there were funds left over so they hired a third teacher to sop up the surplus. A member of a state review board attended a meeting where he and the others were warned that their appropriation was not all spent, and if they did not use the funds, they would be cut back next year. A small shop received through the mail a 326-page compendium of OSHA regulations...
...Japanese had not made war, then the Chinese would not have cut the dikes of the Yellow River to stop them by switching the river's course. Then, perhaps, the ecology of North China would not have changed. Or, perhaps, food might have been packed in from food-surplus areas. But in addition to the war had been the drought. That was nature's guilt. At this point, men had become guilty-either for what they did or failed...
...taxes in grain and kind for their own support. ("If the people die," said an officer to me, "the land will still be Chinese. But if the soldiers starve, the Japanese will take the land.") The army had emptied the countryside of food; shipped in no gram from grain-surplus areas; ignored the need of the people to eat. The army's tax, I found, was usually equivalent to the full crop, but in some cases it was higher-and peasants were sometimes forced to sell animals, tools, furniture, for cash to make up the difference. Moreover, the peasants...