Court weighs drug price ads and professional standards
Justice Blackmun notes that banning pharmacist price advertising may leave the public ignorant of lawful competing offers. FTC studies suggest lifting limits could save buyers over 130 million annually, with AEI estimating up to 380 million. The court contrasts pharmacy ads with advertising by physicians and lawyers, which could cause more confusion.
MENTIONED IN THIS ARTICLE
Harry A. Blackmun
Virginia
Blackmun
Federal Trade Commission
FTC
American Enterprise Institute For Public Policy Research
Associated Press
Chicago
The Car Boom Drives U S Economy in 1976 Surge
AP report notes cars fuel the economy with 1976 shaping as a car year. GM forecasts rise to about 10.5 million cars and over 3 million trucks as demand surpasses expectations. Large cars rebound, subcompacts weaker. overall May sales near 1973 peaks despite AMC weakness.
MENTIONED IN THIS ARTICLE
Murphy
United States
Detroit Economic Club
Population of America's elderly doubles in 25 years
Washington AP reports a Census Bureau study showing the nation’s 65 and older population rose to 22.4 million, 10.5 percent of the total, from 12.4 million in 1950. Projections to 2020 foresee almost 43 million elderly and about 5 percent of the population, signaling shifts in pensions, healthcare, and education. The study notes high female longevity, few elderly in institutions, and income gaps, with detailed counts by age and race.
MENTIONED IN THIS ARTICLE
America
Washington (Ap
Census Bureau
Jacob §. Siegel
Siegel
New York
California
Pennsylvania
Florida
Ilinois
Texas
Ohio
Arizona
Nevada
Hawaii
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