Reagan economic policy drawn into fresh criticism by economists
Nobel winners Wassily Leontief James Tobin and Lawrence Klein fault the Fed tight money policy for the 1981 stall and warn deficits must be reduced or inflation and unemployment will worsen. They say Reagan policies are not solely to blame and urge strategic adjustments rather than full repudiation of the program.
MENTIONED IN THIS ARTICLE
Reagan
Capitol Hill
Wassily Leontief
James Tobin
Lawrence Klein
Federal Reserve Board
Fed
Yale
Tobin
Federal Reserve
Klein
Wharton School of Business
Wall Street
Harvard
Leontief
Congress
Linn County Moves Youth Shelter to New 10th Street Facility
Linn County relocates the Youth Facilities operation from Fifth Avenue SE to a new Tenth Street NW building designed for up to 12 children. The move, funded by lease with option to purchase at 169000 dollars, aims to improve care for abused and delinquent youths amid mixed reimbursement outlooks. Community supporters praise the project and seek private donations for furniture and supplies to create a homey environment.
MENTIONED IN THIS ARTICLE
Linn County
Fifth Avenue SE
Tenth Street NW
Iowa
Marion
Brezhnev warns of Warsaw Pact tensions and Western challenges
Soviet leader Leo n Brezhnev declares the state of the Union troubled with border strains on China and Poland and Afghanistan. He cites cost of supporting liberation movements and praises Castro while urging resilience and patience amid Western pressure and Washington’s moves. He warns Reagan and stresses unity, co existence, and readiness to count on domestic resolve.
MENTIONED IN THIS ARTICLE
Leonid Brezhnev
Reagan
Union of Soviet Socialist Republics
China
Poland
Afghanistan
Mediterranean
Communist Party
Italy
Rome
Iowa energy conference bias sparks call for gas deregulation
Letter criticizes Rep. Tom Tauke for favoring nuclear power and oil interests at a January conference. It urges a focus on natural gas deregulation amid rising Iowa energy costs and questions Senate actions on funding, FEC oversight, and the Reagan shutdown. It notes Senator Roger Jepsen and Senator Grassley opposing the FEC. The piece also criticizes government waste and defends stockholders against taxes amid inflation and budgetary strain.
MENTIONED IN THIS ARTICLE
Tom Tauke
Mr. Tauke
Reagan's Ways Letter Urges Cutting Regulations
A reader argues President Reagan must remove burdensome regulations to save the economy. The letter contends that big government, not big business, drives economic troubles, citing that American corporations earned about 243 billion dollars in profits in 1979 with most money not reaching the economy.
MENTIONED IN THIS ARTICLE
Reagan
Good riddance to Iowa Job Service Cedar Rapids
A reader critiques the Cedar Rapids Iowa Job Service office for indifference and rudeness toward job seekers. The letter expresses frustration that staff view applicants as burdens and urges layoffs of unhelpful workers while emphasizing dignity and compassion for those seeking employment.
MENTIONED IN THIS ARTICLE
Iowa
Cedar Rapids
Reagan Sighting Rumor Tied to Hoover Soup Bowls
A humor column jokes that a supposed Reagan flying saucer sighting is really Hoover era soup bowls returning for a refill, reflecting playful satire on the space age rumor.
MENTIONED IN THIS ARTICLE
Reagan
Hoover
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Roger Jepsen
Jepsen
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U.S. Senate
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Kirkwood College
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