Feldstein Admits Economy Weak but Sees Near Recovery
President Reagan's chief economist Martin Feldstein testified amid Senate confirmation that the economy remains very weak yet should recover soon and unemployment fall. Democrats criticized repeated forecasts of improvement as unemployment climbs to 10.8 percent. Feldstein was confirmed 77 to 18 after a delay over his prior refusal to testify about the unemployment report.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Senate
Martin S. Feldstein
Council of Economic Advisers
Joint Economic Committee
Feldstein
Massacre reported in Africa shocks Lesotho capital
In Maseru, South African troops swept the city at dawn killing at least 37 people including women and children. Lt. Gen. Constand Viljoen reported 30 ANC guerrillas killed with four South Africans wounded. The ANC called the raid cold blooded and said many refugees and Basotho civilians died.
MENTIONED IN THIS ARTICLE
Maseru
Lesotho
South Africa
African National Congress
Constand Viljoen
Viljoen
Pretoria
C.D. Molapo
Supreme Court Refuses Appeal in West Virginia Arsons
The West Virginia Supreme Court denied appeals in multiple cases. Lawrence Wells, convicted of first degree arson in McDowell County, was denied review with Justice Neely absent. Dennis C. Currence, convicted of two counts of first degree murder in robbery, received two consecutive life terms with no parole possibility. James S. Adkins, convicted of second degree arson and two counts of assault in Wood County, had his appeal rejected.
MENTIONED IN THIS ARTICLE
Charleston
W.va
Richard Neely
State Supreme Court
Lawrence Wells
McDowell County
Wells
Davy
Elkins
Dennis C. Currence
Currence
Frank Wimer
Eleanor
Parkersburg
Adkins
Cyanide Found In Capsules
San Jose authorities say Max Strength Anacin-3 capsules from a woman's medicine cabinet contained cyanide after her collapse. A San Francisco Peninsula drug chain pulled the product from 19 stores as investigators probe tampering linked to the Chicago Tylenol poisonings. Mrs Bowen remains in stable condition. police treat the case as top priority while testing other samples and watching for similar incidents.
MENTIONED IN THIS ARTICLE
San Jose
Calif
San Francisco Peninsula
Sue Bowen
Joseph McNamara
Chicago
Bowen
Richard
Lawrence
Good Samaritan Hospital
Reagan Plan Aims Surplus Grain For Reduced Production
President Reagan proposed an innovative payment-in-kind plan to supply farmers surplus grain plus cash if they cut production in 1983 and 1984. The move targets shrinking stockpiles and boosting market-led farm prices while saving billions in future subsidies.
MENTIONED IN THIS ARTICLE
Washington
Reagan
John Black
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