Belief in Fine-Tuning Economy May Be Singing Its Swan Song
Los Angeles AP reports that confidence in fine tuning the economy by policy is fading. The piece discusses failed forecasts, inflation pressures, tax cuts, and the shift away from New Economics under Paul McCracken as Nixon’s adviser, signaling a potential end to that approach.
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Los Angeles
Washington
Federal Reserve Board
Uncle Sam
Paul McCracken
Nixon
McCracken
Tiniest of L A Quadruplets Dies
In Los Angeles the tiniest of the Gallion quadruplets died at County USC Medical Center. The surviving three infants two girls and a boy remained in satisfactory condition. The largest newborn weighed 2 pounds 1 ounce at birth. The parents, James and Lorraine Gallion, reside in Sylmar with two older sons.
MENTIONED IN THIS ARTICLE
Los Angeles
James
Lorraine Gallion
University of Southern California Medical Center
Gallion
Sylmar
Christmas Tree Reaches New Height at SIU Arena
In Carbondale Illinois the Christmas tree in the university arena lobby was vandalized last year. This year the decorated tree now hangs 40 feet above the basketball floor, near the ceiling.
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Carbondale, Tr
London VPI raffle offers MP prize for Christmas
Raffle players may win a member of parliament for Christmas. John Hurt, a Conservative bachelor, will be given to the winner for one dinner date. Hunt hopes for a ravishing blonde.
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London
VPI
John Hurt
Hunt
Claims Farijuana Use as Potential Danger
Dr. Donald Louria of Cornell and president of the New York State Council on Drug Addiction spoke at Bowdoin College, arguing that marijuana use poses risks. The remarks came as the audience noted rising interest in drug education and prevention.
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Brunswick
Maine
Donald Louria
Cornell’ University
New York State Council On Drug’ Addiction
Bowdoin Col
Architect Halprin backs Ferry Building fountain hope
In San Francisco architect Lawrence Halprin expressed strong confidence in the Ferry Building fountain, saying he would slit his throat if it failed. The recreation and park commission approved the fountain 4 to 2 with Commissioner E. Everett Cahill remarking on Halprin’s vow.
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San Francisco
UPD
Lawrence Halprin
Ferry Building
Recreation and Park Commission
E. Everett Cahill
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