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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Aug 19, 1971
Page
5
Analysis contrasts Nixon's NEP with Roosevelt's New Deal, noting similar aims to rebuild public confidence and differences in scope. It highlights COLC creation, tax cuts, reduced government roles, dollar devaluation pressures, and aims for a 12 to 15 percent dollar drop versus major currencies.
In Hobson City fiscal policy is seen as busy work. Roosevelt raised spending and taxes, while Nixon offset tax cuts with spending cuts, yet the administration’s price freeze signals a strong stance against inflation and shapes expectations across consumers workers and business.
The Nixon freeze and a floating dollar may curb inflation expectations and push down nominal rates. A revived investment tax credit and import protections aim to lift business investment, exports and overall output while reducing unemployment, with Fed policy uncertainty lingering.
Burglars took more than $3,000 in antiques from the Antique Auction and Flea Market on U.S. 31 in Limestone County Wednesday night. Thieves vanished with 25 antique clocks and some lamps and old silver coins. a $100 reward is offered.
Police found a door ajar at the Morgan County Board of Education Building in Alabama on Wednesday night. Officers secured the area at Supt. George Nan varrow’s request. A Southeast Decatur woman stood by as she entered her home to retrieve clothes after claiming her husband had threatened her. No trouble reported.
A health occupation program will debut this coming school year for Decatur and Austin high schools. Directed by Homer Landrum the program targets students aiming for hospital aide dental assistant laboratory technician and medical secretary roles. Instructors are William Dapper and Lawrence Rutledge with about 25 students expected this year and plans for expansion next year supported by the regional medical community.
Three Browns Ferry Nuclear Power Plant employees Jerry Olson Price McCrary and Bill Allen have completed a three month study program at the Dresden 2 boiling water reactor near Chicago Illinois. Their assignment covered operational techniques and is part of Browns Ferry operations training.
A 44 year old Birmingham man identified as James Poole is in satisfactory condition at Decatur General Hospital after a fall at the Alabama State Docks on the Tennessee River. He was transported by AAA South End Ambulance Service after slipping and falling on a ramp.
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