Americans Brace for 1975 Economic Slowdown Put-Ons
A New York AP report cites mixed views on a late 1975 upturn while warning against a possible misrepresentation of the economy. Greenspan and private economists project unemployment rising toward 8.5 to 10 percent, with underemployment and shrinking confidence deepening the downturn.
MENTIONED IN THIS ARTICLE
New York
Alan Greenspan
Council of Economic Advisers
Afl-Cio
America
Albert Sindlinger
Consumer Marketing Authority
New York Stock Exchange
William Freund
Freund
Unemployment fears voiced by Nixon adviser in 1969 exchange
Pierre Rinfret recalls telling Nixon that unemployment would rise sharply if the economy continued, prompting a calm assurance from another adviser who quipped that Rinfret exaggerates. The piece argues Americans must confront hard facts about joblessness and its broader social costs.
MENTIONED IN THIS ARTICLE
Pierre Rinfret
Nixon
White House
Rinfret
Pierre
Tax loopholes and Hunt tax avoidance exposed
Nelson Bunker Hunt and his father H L Hunt built wealth in oil and politics, but the investigation reveals they avoided federal income taxes for years through legal loopholes notably the oil depletion allowance, costing taxpayers billions. The piece condemns indirect welfare and highlights lavish spending, tax deductible events, and the broader issue of tax justice, with commentary on press ethics and corrections.
MENTIONED IN THIS ARTICLE
H.L. Hunt
Bunker
Bunker Hunt
Las Vegas
Hunt
The Malpractice Debate and Doctor Retirements
Paul Harvey outlines a boom in malpractice suits driving doctors toward early retirement. HEW proposes immunity for compliant hospitals and physicians, while Congress pushes back. The piece argues lawsuits spur unnecessary tests and referrals, elevating costs and deterring care.
MENTIONED IN THIS ARTICLE
HEW
Caspar Weinberger
Lawmaker notes slow Assembly progress in session
In the Pennsylvania General Assembly a slow session continues with a new focus on committee hearings in the first half and regular sessions in the second half. A bill to aid the elderly with reduced sewage and water line installation costs mirrors tax refund reductions and would soon be statewide.
MENTIONED IN THIS ARTICLE
General Assembly
Also Mentioned on This Page
U.S. News and World Report
The
Corry Journal
PVA Perschieste
Sarge
Vietnam
Techniians
Se Journal Welt
Audrebs
Washington
Nelson Bunker Hunt
Libya
Claridge’s
London
Woody Herman
By Jack Anderson
Senate
Sen
James Buckley
National News Council
International Police Academy
Council
Ned Shnurman
Corry
Foiture
Shaurman
South Vietnam
Than Dinh Voi
Nepal
Madhav Bhram Rana
James Abourezk
D-S.d
Academy
Shnurman
Abourezk
Paul Harvey
Congress
United States
Bernard Dombrowski
Assemblyman Forest Hopkins
Lake Erie
House
Leroy Irvis
Reid Bennett
Secretary of Welfare
Stuffy Smith
Veteran's Affairs, Liquor Control
Pennsylvania Restaurant Association
Erie
Penn State Agricultural Association
Penn Harris Motor Inn
Veteran's Affairs Committee
National Military Cemetery
Pennsylvania
Gettysburg
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