Five Thousand Years Of Wage And Price Controls Fail
In our opinion wage and price controls fail across history and recently. Arch Booth of the Chamber of Commerce notes politicians push controls to create an illusion of action and distract from inflation’s real cause. He argues deficit spending and money creation drive inflation, while controls merely mask symptoms and harm sharing of sacrifices.
MENTIONED IN THIS ARTICLE
Rip van Winkle
Arch Booth
Chamber of Commerce of the United States
Social Security council backs higher wage base to 24400
J Henry Smith of Equitable Life says Social Security is sound and its administration is first class. The advisory council, urging a rise in the taxable wage base from 14100 to 24400, would cover 93 percent of workers, with critics warning it shifts more burden to high earners and private pensions. Smith opposes the move, arguing it violates the three tier concept and private plans should fill the gap for substantial earners.
MENTIONED IN THIS ARTICLE
NEW York
J. Henry Smith
Advsory Council On Social Security
Smith
Congress
Advisory Council
Council
How To Contact Your Legislators United States
United States Senate and Pennsylvania officials listed for contacting lawmakers. Includes Richard Schweiker Hugh Scott and R Budd Dwyer with addresses in Washington Harrisburg and Harrisburg offices for representatives and assembly members Joseph Vigorito Forest Hopkins.
MENTIONED IN THIS ARTICLE
United States
Senate
Richard S. Schweiker
Washington, D.C
United States Representative Assembly
Joseph P. Vigorito
Forest Hopkins
Cannon House
Harrisburg
Postal graft and printing contracts unravel in Washington
A longtime pattern of postal dealing emerges as a $7.1 million stamp book contract saga ties Postmaster General Ted Klassen and Asst. Postmaster General Ben Bailor to Scott Publishing and Industries America. Critics say bids were engineered and competition stifled while bailor’s ally Taub pushed favored firms. In other sections: a Kemp Leaf Shredder injury tally prompts delays and warnings. Washington notes on vinyl chloride risks and Navy pay of whistle purchases. Georgia inks plan to lure Arab investment by buying Forbes back cover.
MENTIONED IN THIS ARTICLE
Washington
Senate Commerce Committee
Ohio
Navy
Georgia
Forbes Magazine
Ilrich Potentates
Wally Hickel From Alaska to the World Power Center
Walter Wally Hickel, once governor of Alaska and later secretary of the interior, remains a revered figure in Alaska who famously anticipated Arctic resource potential. In an interview at his Anchorage retreat, he sketches a global future with the Arctic as a central power hub and a growing role for Alaska in world affairs. He cautions against a temperate zone mindset and argues for Arctic leadership in energy and geopolitics. The piece recounts his guarded stance toward Nixon era advisers and his enduring influence as a seer.
MENTIONED IN THIS ARTICLE
Walter Hickel
Nixon
White House
Middle East
Arctic
Soap Opera Murder Mystery Secrets on General Hospital
In Los Angeles the General Hospital murder plot remains unsolved as five characters stand with motives. Producers refuse to reveal the culprit to preserve suspense and ratings over the long running soap. Actors stress the importance of week to week storytelling and unpredictable twists.
MENTIONED IN THIS ARTICLE
Los Angeles
General Hospital
Phil Brewer
Fach
ABC
Emily McLaughlin
Jessie Brewer
James Young
Jerome
Bridget Dobson
Young
Readers seek help with PennDOT by contacting legislators
Area readers unhappy with PennDOT consider action by calling or mailing lawmakers. Names and addresses of legislators such as Sen R Buda Dwyer and Kassab Secretary of Transportation appear with illegible contact details. The note lists Harrisburg and Meadville areas with phone numbers and partial addresses, urging outreach to influence transportation policy.
MENTIONED IN THIS ARTICLE
Carry Area
Penndot
Also Mentioned on This Page
Fischetti
Hugh Scott
R-Pa
Pennsylvania
Milton Shape
R. Budd Dwyer
Ted Klassen
Ben Bailor
Scott Publishing Co
Scott Publishing
Jack Taub
Bailor
Industries America
American Can
Klassen and
Bailar
Postal Service
Taub
The
By Jack Anderson
Klassen
Consumer Product Safety Commission
Kemp Co
Bureau of Standards
Corry
Commission
By Pavel Harvey
Alaska
Wally
Eff
Wally Hickel
Juneau
Prudhoe Bay
Alyeska
Vietnam
Senate Foreign Relations
Sen
J. William Fulbright
Anchorage
Arctic Circle
Murmansk
Novosibirsk
Hickel
Europe
Japan
India
China
Artic
Lee Margulies
Associated Press
Agatha Christie
James Sikking
James Hobart
Buda Dwyer
Bullainy
Moressourg-Pnome
Meadville
Migadville
Centar
Reo Forest Hopkins
Capote
Busta
Harristorg
Harrisbury
Nacth East Prowe
North East
West Atain Straag
Dacoug Kassab
CP Saunp Bistrich
Engineae HD
Ciberty
Franklin, Po
Vincent Keanerknesh
Erie County
Mishway
Erie