Dollar decline prompts call for policy action
Federal Reserve chief Paul Volcker warns further dollar drops risk inflation and global recession while urging major economies including Japan and Germany to stabilize currencies. The piece notes U.S. trade deficits, the need to cut the budget gap, and a 30 percent manufacturing output rise sought to balance imports and exports.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Paul Volcker
Treasury
James Baker
Miichi Miyazawa
Reagan
United States
Japan
Germany
Washington
U.S
Congress
Volcker
Caribbean Basin Initiative falters amid regional woes
The Caribbean Basin Initiative launched in 1984 failed to deliver growth as exports declined and unemployment rose. Critics urge Congress to restore open market access and tax incentives while removing the program’s 12 year limit to spur long term recovery in the strategically vital region.
MENTIONED IN THIS ARTICLE
Reagan
U.S
Caribbean Basin
United States
Guatemala
el Salvador
Costa Rica
Congress
Afl-Cio
Caribbean
Western Hemisphere
Americas
Trillion Dollar Budget Sparks Debate On Debt and Waste
A Knight Ridder column critiques the Reagan trillion dollar budget, likening it to a mountain of debt and questioning the source of vast spending. It warns that a growing foreign debt and trade protectionism threaten economic stability while noting wasteful programs like the $2 billion DIVAD project and the broader cost of arms and arms races.
MENTIONED IN THIS ARTICLE
Reagan
U.S
Rudolph
Conservativism on PBS review traces ideas and figures
A Los Angeles Times Syndicate piece critiques the PBS documentary Conservatives. It praises the film’s focus on Whittaker Chambers and the Hiss case as roots of modern conservatism while lamenting insufficient exploration of ideas and open-market concepts shaping today’s movement.
MENTIONED IN THIS ARTICLE
New York City
Virginia
America
Pat Buchanan
Jack Kemp
PBS
Barry Goldwater
Ronald Reagan
Whittaker Chambers
William Buckley
Norman Podhoretz
Africa
Hiss
Chambers
Mr. Hiss
Friedrich von Hayek
Arthur Laffer
Readers' Views Support Mandatory Seatbelt Law
A paramedic and trauma society president argues seatbelts save lives and reduce suffering and costs. He describes patients who are belted surviving and unbelted victims enduring severe injuries, urging readers to contact legislators to back new legislation.
MENTIONED IN THIS ARTICLE
CSRA
American Trauma Society
Also Mentioned on This Page
Don Shoemaker
Gramm-Rudmaned
Knight-Ridder Newspapers
Chambers, Hiss
Buchanan
By Max Lerner
Bill Buckley
George Will
ABC
Vatican
Israel
Poli
Joe McCarthy
Rascal
Los Angeles Times Syndicate
Daddy
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