Gloomy forecast hits economy and weather reports
Economist F Gerald Adams warned of at least 18 more months of no growth with inflation near 10 percent in 1974 and unemployment rising to about 6.7 percent if a $10 billion federal spending cut passed. The Commerce Dept reported a 0.8 percent second quarter GNP drop as oil and drought weighed on the economy. Weather forecasts from the National Weather Service called for fair to partly cloudy conditions in New England with highs around 80 in the south and 70s to the north, with overnight lows in the 40s to 50s.
MENTIONED IN THIS ARTICLE
Boston
UPI
National Weather Service
New England
Senate Budget Committee
F. Gerald Adams
University of Pennsylvania
Wharton School of Finance and Commerce
U.S
Congress
Ford
Adams
Commerce Department
Dow Jones
White House
Ford Administration
mid-America
China
India
United States
Capitol Hill
Peter H. Dominick
R-Colo
Impeachment report flags Nixon guilt in parts
The Garrison panel says Nixon deserved impeachment for certain acts but cites his resignation as avoiding greater agony. Liberal Democrats argue national security invocations shield personal embarrassment and urge vigilance to prevent tyranny. They stress that a president cannot disregard the Constitution with impunity.
MENTIONED IN THIS ARTICLE
Don Edwards
D-Calif
James Madison
Edwards
Madison
Congress
John Conyers
D-Mich
Charles Rangel
D-N.y
Richard Nixon
House of Representatives
Nixon
Elizabeth Holtzman
Dn.v
Judiciary Committee
United States
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