National debt growth traced since 1870
A graphic from AP Laserphoto charts the rise of the national debt beginning in 1870. The image outlines total debt levels over time and highlights key fiscal milestones.
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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Feb 02, 1983
Page
2
A graphic from AP Laserphoto charts the rise of the national debt beginning in 1870. The image outlines total debt levels over time and highlights key fiscal milestones.
In Berlin El Salvador government forces about 1500 troops moved on the city from two directions as rebels may skip defending the agriculture center. Berlin population 30000 was the rebels largest captured city in the 39 month civil war.
Relief agencies say starvation and other hardships have killed at least 30 West Africans among refugees trekking home after Nigeria expelled hundreds of thousands of illegal aliens. The mass eviction took effect Tuesday and drew criticism from the opposition and some foreign governments. The OAU urged President Shagari to allow more time for the exodus.
President Reagan states the economic recovery is underway and he hopes it will exceed predictions. He notes interest rates must fall and spoke aboard Air Force One during a trip to St Louis to visit a Chrysler plant and address a business luncheon.
Sen. Alan Cranston the Senate Democratic Whip formally announced his bid for the presidency in Washington. He vows to make ending the nuclear arms race his dominating goal and will outline an economic program during the campaign, with disarmament taking precedence over all other issues.
Punxsutawney Phil, emerged in rain at Gobbler's Knob, did not see his shadow signaling an early spring for the nation. About 300 spectators, mostly students, watched the 97th ceremony as Phil, damp and shivering, gave the prediction to James H. Means, president of the Punxsutawney Groundhog Club.
An AP Laserphoto graphic highlights a price comparison across grocery items at Market Basket. The image juxtaposes usual items to illustrate cost differences for shoppers.
Pope John Paul II elevates 18 cardinals at a formal consistory in the Apostolic Palace and Paul VI Hall. The group includes Archbishop Jozef Glemp of Warsaw and Archbishop Joseph L. Bernardin of Chicago, with Lustiger of Paris noted for his conversion. Bernardin leads U S church anti nuclear campaign.
Washington AP a chief architect of the 168 billion Social Security rescue plan warns that Congress failure to pass the package could unsettle financial markets, raise inflation and interest rates. Alan Greenspan testifies that there is little room to alter the bailout plan, which includes higher payroll taxes a six month benefit freeze and taxation of some retirees benefits to raise 168 billion over seven years.
Washington AP reports lawmakers from both parties press public works jobs programs to cut 10.8 percent unemployment despite Reagan objections. House Speaker O Neill cites 14 million out of work urging relief recovery and reconstruction. Senate Leader Baker signals emergency jobs bill as 98th Congress opens. The president proposes training and extended benefits with little direct federal hiring funds while advisers push deficit reduction to end the recession.
The Associated Press reports gunfire during the independent truckers strike in South Carolina. A Georgia trucker Robert Buchanan escaped injury when bullets hit his cab on I-26 near Newberry. two 18 wheeler radiators were shot at a Colleton County truck stop off I-95. Trucker Favion Proveaux Jr. vows to return to the road after being shot in the head near Roanoke Rapids NC. The strike prompts highway safety measures as the Independent Truckers Association protests higher highway fees and a nickel tax.
An Associated Press market basket survey finds January bills at a checklist store in seven of thirteen cities rose on average 3.1 percent, while six cities saw a 3.6 percent drop. Overall monthly change was a slight decline.
A powerful blizzard swept the Great Lakes region after heavy Texas drifts, closing western Oklahoma highways and causing 13 deaths including a truck train collision. Tornadoes lashed the Deep South as Florida boats flew and Mobile streets flooded. Amarillo saw 10 foot snowdrifts and Liberal Kansas ordered street closures.
Bjorn Ulvaeus and Benny Andersson travel to Moscow to study chess culture for a new stage musical with Tim Rice and Andrew Lloyd Webber. They met performers including Alla Pugacheva and described Russian players as simple yet unusual.
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