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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 20, 1971
Page
2
A critical take on steel price hikes and a staged rollback, arguing Bethlehem Steel and U S Steel used public sentiment while the White House endorses talks on export quotas. The piece notes consumer burden and compares to Kennedy era price clashes with Inland Steel amid a pattern of inflationary pressure.
The Financial Times reports global cost of living is rising at an accelerated rate. A 5.6 percent rise in the United States sits mid high international range from 3.3 percent in Brussels to 17.4 percent in Buenos Aires. Inflation measures vary. price freezes were common in Scandinavia and in Dublin and Belgrade. Turkey eyed higher direct taxes with spring prices up about 20 percent. The index uses a standardized food basket and compares to weekly wages of various workers, showing Americans face higher relative costs despite higher wages.
The Association of Home Builders plans its 27K annual convention in Houston as Nixon administration expectations of a record housing year lift sentiment. Builders forecast 1.65 million new units in 1971, 200,000 more than 1970, amid easing mortgage rates and financial shifts, though costs rise.
Washington notes recount King Timahoe the First Dog’s cross country trip in a premium jet, likening it to presidential privilege, and describe the White House’s display of pet pomp. The piece then critiques House reform efforts, arguing current plans would strip many newer members of chair duties while preserving long entrenched leaders.
Guest column by Dreachary Taylor Jr. of LaGrange College urges balanced optimism about ecology and society. He cites glimmers of progress in polluted streams, youthful shifts away from drugs, and enduring routines like dawn newspaper routes, urging a measured view between Cassandra and Pollyanna as 1971 approaches.
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