Word: viewing
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Dates: during 1970-1979
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...churchgoing, baptized Christian, I object to Fundamentalist Jerry Falwell's religion-in-politics campaign [Oct. 1]. He is using the Cross of Christ to pound a political drum. Jesus came to seek and save all people. He speaks to all, regardless of political persuasion. Falwell's view that God loves America above all nations is simply blasphemous...
...appears that in the Rev. Jerry Falwell we might have a potential "Christian Khomeini" on our hands. If Mr. Falwell's philosophy were to prevail, what would happen to teachers, preachers and politicians whose points of view differ from his? What would become of schools and textbooks not in harmony with his theology or political philosophy...
...successfully insulated itself from a 1929-type depression that it is condemned to 13% or worse inflation. Robert Heilbroner argues that the postwar measures to avoid another Crash and Depression have "put a floor under the downward movement of the economy." This guarantee against disaster, in Heilbroner's view, has changed economic expectations so much that corporations raise prices and unions demand higher wages more recklessly than they otherwise would. The result is faster inflation. Thus the cure for the Great Crash, seen from this perspective, has created side effects that must be treated if the nation...
...experience strengthened his view that the Federal Reserve had to take strong action to fight inflation and thus defend the dollar overseas. For a year, Volcker was a senior fellow at Princeton, but in 1975 he returned to the New York Fed as its president. In the past year Volcker voted at Federal Reserve meetings for tighter money and was consistently outvoted by his colleagues. Then he got the top job and, with the economy in dire trouble, finally won unanimous support for the measures that caused last week's furor...
...Diego, Carter drew a standing ovation from the AFL-CIO Building and Construction Trades unions with a view that seemed totally at odds with the Government's new credit-tightening policies. Despite predictions of a slump in home-building Carter declared: "In fighting inflation, we do not sacrifice construction jobs." Carter forecast that his windfall profits tax on crude oil will finance energy programs that will amount to "one of the biggest construction projects in world history-on a scale comparable to building our interstate highway system." Despite such rhetoric, his flat delivery was received mostly with polite applause...