Simple Tax Relief Act of 1977 Proposed by Roth Kemp
The piece critiques the Roth Kemp Tax Relief Act of 1977 as simplistic and risky, arguing across the board rate cuts would not guarantee a balanced budget or guaranteed economic recovery. It notes projections of a 33 percent average rate cut phased in over three years and questions the premise that tax cuts alone will spark lasting growth.
MENTIONED IN THIS ARTICLE
White House
Congress
Atlanta
Bill Roth
Delaware
Jack Kemp
New York
Sen. Roth
Lances
Burnses
Blumenthals
Soviet Economy Faces Long-Term Struggles Warn CIA Report
A CIA assessment released by the Joint Economic Committee warns the Soviet Union could see falling oil output by 1985 and a shrinking workforce due to low birth rates in the 1960s. The report calls for global cooperation to solve worldwide problems and hints at possible oil rationing and defense spending cuts as the economy slows.
MENTIONED IN THIS ARTICLE
United States
Soviet Union
Central Intelligence Agency
Joint Economic Committee of Congress
U.S
Foreign investment surges as Americans welcome money from abroad
Foreign direct investment in the United States rose from 13.7 billion in 1971 to about 30 billion in 1976 while private foreign deposits in U.S. banks totaled 12.6 billion in 1976. Europeans seek U S real estate and farmland, attracted by lower costs and stable energy supplies, amid fears of protectionism and political shifts in Europe.
MENTIONED IN THIS ARTICLE
America
Commerce Department
Treasury Department
U.S
United States
Europe
Congress
France
Italy
Lehndorff Management
Hamburg
Lehndorff
M. Thomas Lardner
A Conservative View On Minimum Wages And Oxymorons
The piece critiques a federal minimum wage hike arguing it is a cruel kindness that helps some while harming the most vulnerable. It cites 3.7 million workers at 2.30 and weighs proposed rises to 2.50 2.85 or 3.30 tied to earnings, noting higher levels worsen teen black unemployment and create adverse effects for marginal workers.
MENTIONED IN THIS ARTICLE
Afl-Cio
John H. Dent
Pennsylvania
Carter
Kartozian
Congress
Minimum wage debate hits workers and theaters
Dr. Walter E. Williams argues rising minimum wage harms black workers and youths while a California theater operator warns a $3.15 rate could erase profits. He warns firms may fire staff or automate. others keep current payroll. Congress’ intent clashes with job loss fears.
Alcohol fuels could end dependence on overseas oil
A column argues that alcohol fuels, made from garbage, timber waste, and surplus crops, could power cars with minimal engine changes. It cites Brazil and Germany, notes lower refinery costs and pollution benefits, and warns of oil industry resistance and Nebraska political pressure over a 10 percent grain alcohol blend.
MENTIONED IN THIS ARTICLE
Washington
Carter
Senate Energy Committee
Brazil
Germany
Chrysler Motors
New Zealand
International Harvester
Philippines
United States
U.S
America
New York City
Energy Research and Development Administration
Nebraska
Clean Bomb For Sale in Mock Sales Pitch Skit
A satirical dialogue promotes a so called clean neutron bomb as an “absolute necessity” for a major power. The pitch extols minimal infrastructure damage, quick post strike recovery, and cost about cents per day per person while promising refunds if the adversary uses a dirty bomb.
Also Mentioned on This Page
Bank of the
NEA Inc Qin. Cou
James J. Kilpatrick
Walter E. Williams
Temple University
Senate Labor Committee
Williams
William F. Kartozian
Walnut Creek
California
Volkswagen
General Motors
Exxon
National Energy Program
James Exon
Statehouse
Jack Anderson
Les Whitten
USO
Buchwald
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