Economists Clash Over 1970 Recession Outlook
AP News notes a heated debate among economists about 1970 recession risk. Pierrre Rinfr et predicts no recession and record growth, while Milton Friedman warns of a 1960s style downturn with higher unemployment and lower rates. Maurice Stans forecasts no recession but tight money will strain big business.
MENTIONED IN THIS ARTICLE
Jack Lefler
New York
Pierrre A. Rinfret
Nixon
Qute
Rinfret
Milton Friedman
University of Chicago
Maurice H. Stans
Invest
Commerce Department
Henry Ford II
Ford Motor Co
Tubing turns Utah snow country into a winter lure
Utah promotes ski resorts including Park City and Gorgoza to boost winter tourism. Tubing Olympics draw families to Thanes mine shaft routes while a new lift system transports skiers three miles into the mountains.
MENTIONED IN THIS ARTICLE
Utah
Greater Salt Lake
Park City
Sundance
Solitude Resort
Snow Basin
Brighton
Brian Head
Blue Mountain
Alto
Gorgoza
Thanes
America
Largest bivalve to giant clam and beyond
The text lists trivia asking about the giant clam as the largest bivalve, the site of ancient Troy at Hissarlik, Turkey, the nuclear USS Enterprise as the largest aircraft carrier, and Brazil as the largest South American country by area and population.
MENTIONED IN THIS ARTICLE
Troy
Hissarlik
Turkey
Ilium
Brazil
Chandigarh
India
Punjab University
Consumers Gloomy About Economic Outlook
Consumers remain pessimistic about the economy with a 16 percent drop in buying sentiment since February, risking lower demand for cars and durable goods and reduced leisure spending if tax relief Vietnam inflation and unemployment fail to improve. University economists cite a mood near pre recession levels from the 1950s.
MENTIONED IN THIS ARTICLE
Ann Arbor, Mich
Univer
Sity
Michigan
Survey Research Center
Vietnam
Also Mentioned on This Page
Civid
Earl Harwell Childress
Texas
Dial
State Farm Fire and Casualty Company
Bloomington
Illinois
Meat Bankers of America
Federal Reserve Board
Sherman J. Maisel
Fed Bcins
J. L. Robertson
NEA
Cleveland Newspaper Enterprise Assa
Jim Crossley
First Federal
Federal Savings & Loan Association OF Childress P.O. Box
Kom
Newspaper Enterprise Assn
New Delhi
Indian Seas Foods Magazine
Fonneys All
FANCY
Dacron
Orig
UCED
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