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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Oct 06, 1980
Page
8
The Aiken Standard says Rep. Thomas L. Moore is the District 84 representative in the South Carolina House and that he was mistakenly called a senator in Friday’s edition. The paper regrets the error.
The piece traces a 12 month cycle of higher interest rates and tighter credit after the Fed’s anti inflation actions. It notes a recession with a 9.6 percent drop in GNP in Q2 and a prime rate near 14 percent, while unemployment rose and consumer debt climbed. Experts like Fabian Linden and Emily Card discuss wary, wiser shoppers and lasting price pressures.
North Augusta Senator Gilbert E. McMillan spoke at the North Augusta Republican Party headquarters opening, blaming Carter and Congress for poor economic policy and high unemployment. He urged free enterprise as essential to America’s survival and defended Ronald Reagan’s public persona as political theater.
The New Ellenton Town Council schedules public meetings October 15 1980 at 7 30 PM in the Town Hall to discuss the 1981 Community Development Block Grant application from the U S Department of Housing and Urban Development. Residents may attend or send written comments to Mayor at 200 Main Street 29809.
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