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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 25, 1980

Page

4

Editorial Page Notes On Opinions And Editorial Roles

Thecolumns on this page represent a variety of editorial and political opinions. With the exception of the column directly below they do not necessarily reflect the views of this newspaper.

Hampton Roads Deepening Sails Amid Energy Drive

The Carter administration backs dredging Hampton Roads from 45 to 55 feet to support rising coal exports, with an initial $100 million cost. Backers cite vast economic gains for Appalachian coal via faster shipments and boosted national economy, while opponents cite environmental hurdles eased by new expedited procedures. Democratic and Republican candidates face off in West Virginia districts as Harley Staggers Jr. faces Pat Hamilton, with Cleve Benedict challenging in the Second District.

Virginia John Warner Hampton Roads Washington Carter U.S Environmental Protection Administration Congress Second Fourth Harley Staggers Jr Staggers Sr Kee Bluefield West Virginia Kees Jim Kee Ken Hechler Hechler Huntington Harley Jr Pat Hamilton Staggers Hamilton Cleve Benedict Carter Admiris~ation Israel State Department Tel Aviv Jerusalem California Brandon Grove Thomas Wukitsch Wukitsch West Bank Samuel Lewis Jack Mitchell Gaza Rashad al Shawa Lewis Democratic National Committee John Anderson White House Capitol Hill Anderson House of Representatives House Ronald Reagan Riverside Calif Iran CIA Tennyson Guyer Ohio Valery Giscard d’Estaing United States France

Inflation and federal policy drive American living costs

M. Stanton Evans argues inflation harms households with 8 percent raise in take-home pay offset by 13 percent CPI rise, cutting purchasing power over 5 percent. He attributes deficits and easy money by the Fed as the root cause, detailing escalating debt, crowding out, and rapid money supply growth from 1959 to 1978, then slowing under Volcker as production trends continue.

Washington Bureau of Labor Statistics United States OPEC Federal Reserve System Richard Nixon White House Carter Federal Reserve Fed Paul Volcker

Recession Faith Fades As Households Cut Essentials

Ray Cromley notes that after past downturns consumer spending rebounded on savings and confidence. This time rising taxes and inflation shrink saving and purchasing power. Families divert income to utilities medical bills debts and higher levies, cutting adjustable essentials and shifting to cheaper goods.

Morgan Guaranty Trust Company of New York

Consumer Spending Outlook Shrinks as Costs Soar in 1980s

Analysts warn consumer spending will lag as utility, medical, rent, and tax costs rise. Discretionary purchases such as furniture and travel will be cut back further amid inflation and limited savings. The piece links wage pressure in 1980 81 to inflation and ongoing borrowing while noting a slower return to normal.

We Have The Answer To The Energy Crisis

CAPTAIN P H DAVIS JR argues readers can learn energy facts without math using two digit numbers. He cites quads, imports, and potential retrofitting gains, noting NAS and Harvard data, then highlights Oregon power retrofitting saving 45 percent on heating while echoing reliance on Middle East import reductions.

P.H. Davis JR U.S. Navy Reader’s Digest United States Senate Middle East National Academy of Sciences Harvard Business School Center For Strategic and International Studies Georgetown University Three Mile Island Oregon Pacific Power and Light Company

Also Mentioned on This Page

Ded Hugh Ike Short Hugh Short Richard Wesley Paul Berrys World NEA, If M. Stanton Evans Ray Cromley CNF Jack Anderson By Jeff MacNelly
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