Detroit Car Sales Crisis Prompts Call for Aid and Reform
The auto industry seeks recovery aid as 200,000 workers are laid off and new car sales lag. Blame spreads across Detroit's model glut, pollution costs, energy issues, and policy at Washington. Calls mount for tax cuts or price drops, while long term fixes require Detroit to rethink production and pricing strategies.
MENTIONED IN THIS ARTICLE
Ford Administration
Detroit
Washington
Ford
Federal Reserve Board
America
Miller urges bartering for minerals in foreign aid bill
Representative Clarence E. Miller leads a push to amend the foreign aid bill to authorize the president to barter minerals such as manganese cobalt zinc aluminum and nickel with nations that have benefited from U S assistance. The amendment passed 244 to 136 and moves to conference. Miller calls for more such bartering to get returns on aid dollars and criticizes past costs over 253 billion dollars in 26 years.
MENTIONED IN THIS ARTICLE
Miller
House
U.S
House Foreign Affairs Committee
Can Athens Support A Better Business Bureau
Editor urges Athens to consider a local Better Business Bureau and questions the cost and feasibility. The piece notes Ohio has seven BBBs in big cities, many states have few, and such an office needs legal expertise. calls for ideas to fund or locate a local BBB.
MENTIONED IN THIS ARTICLE
Athens
the Messenger
United States
Ohio
Democrats Prepare Redistricting Push in Ohio First Assembly Week
Ohio Democrats plan a bold push within the first week of the 111th General Assembly to redraw congressional districts. They seek to counter the 15 to 8 GOP edge while Governor Rhodes could veto any favorable bill. Republican leaders vow counter moves.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
General Assembly
State Senate
House
John J
Eleor
James A. Rhodes
Michael J. Maloney
Cincinnati
Oliver Ocasek
Akron
Senate
Summit
C.J. McLin Jr
Dayton
Ohio House Speaker Election Sparks Quiet, Wry Farewell
After 28 years in the Ohio House, Lancione watched as Vernal G. Riffe Jr. secured the speaker’s post amid a show of votes. Lancione, who did not run, stepped down to lead the House Rules Committee and chair the Legislative Service Commission, flashing a sly smile as reporters observed the scene.
MENTIONED IN THIS ARTICLE
Ohio House
Rep
Vernal G. Riffe Jr
New Boston
111Th General Assembly
Lancione
House Rules Committee
Legislative Service Commission
Government as menace motivates vigilance in Congress
The National Observer interview with Treasury Secretary William Simon criticizes federal overreach. Two bills push federal camp safety standards and require AM FM car radios, raising costs and eroding choice. The piece argues such intrusions threaten freedom and urges higher voter participation.
MENTIONED IN THIS ARTICLE
Washington
National Observer
Treasury
William Simon
Senate Labor Committee
House Commerce
Simon
Menance
Business Plans May Increase Cutbacks
The NFIB surveys show independent small businesses brace for a downturn by cutting inventories and limiting product lines to offset high costs and inflation. Wholesalers report widespread inventory reductions as prices rise and financing inventories remains costly.
MENTIONED IN THIS ARTICLE
Dy Neil
National Federation of Independent Business
NFIB
Tax rules spark LIFO use to curb inflation taxes
NFIB survey data show erosion of profits for small cash basis firms while about half of corporations use accrual and stock gains. LIFO lowers taxable profits by tying inventory values to recent prices, with Proxmire estimating 6 to 9 billion dollars saved in taxes due to inflation adjustments.
MENTIONED IN THIS ARTICLE
NFIB
William Proxmire
D-Wisc
Independent firms face higher taxes and labor shortages
NFIB surveys show small independent businesses blame complex tax rules for higher costs and note widespread gloom about future conditions. Despite 60 percent of nonfarm jobs in this sector, 1.5 million positions could be open nationwide, with many firms short staffed and reluctant to expand.
MENTIONED IN THIS ARTICLE
NFIB
Sapaet
Also Mentioned on This Page
Congress
Clarence E. Miller
Will Rogers
Chamber of Commerce
Vuhio Consumer Protection Agency
Crats
A.G. Lancione
Bellaire
THE
United
Abraham Ribicoff
Connecticut
Department of Health, Education and Welfare
HEW
James Kilpatrick
Heard
National Federation of Independent Business, Inc
Small Society
Brickman
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