Business Council forecasts sound growth path for 1977 78
The Business Council predicts the economy will stay on a sound growth path through 1978 with real GNP up about 4.9 percent this year and 4.4 percent in the first half of 1978. Unemployment should fall toward 6.5 percent by mid-1978 while consumer prices rise around 5.9 percent this year. The group urges tax reform and continued capital investment, urging the Carter administration to provide clearer support for business.
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Hot Springs
Business Council
Carter
The
John D. deButts
American Telephone & Telegraph Co
William Batten
New York Stock Exchange
George F. Kennan
U.S
Soviet Union
Juanita Kreps
Sen
Russell Long
Senate Finance Committee
Hunt Calls Busing Plan Torture for His Kids
Gov. Jim Hunt says Raleigh school busing and pupil reassignment plans would force his three younger children into new schools on opposite city sides, describing the move as torture. The plan would shift Baxter 14, Rachel 11, and Elizabeth 9 to Carnage Junior High and Emma Conn Elementary, while Rebecca continues at Rock Ridge.
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Raleigh
Jim Hunt
Hunt
Baxter
Rachel
Elizabeth
Associated Press
Martin Junior High
Carnage
Martin
Fuller
Emma Conn
Executive Mansion
Rebecca
Rock Ridge
Wilson County
Archdale Water Deadline Prompted Legal Steps
City clerk says about 100 residents failed to hook up by the April 1 deadline. City attorney Don Miller sent letters and awaits responses while warning that legal action may follow to recover costs and enforce compliance.
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Archdale
Don Miller
Debbie Hanes
Carter Signs Jobs Bill in White House Ceremony
President Carter signed a $20 billion economic stimulus package and a $4 billion public works bill in a Rose Garden ceremony. The measures aim to create hundreds of thousands of jobs, with additional aid for state and local governments and youth employment programs.
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Washington
Carter
White House
Congress
Europe
Gas Windfall Seen From Carter Price Plan
Washington AP reports energy adviser James R. Schlesinger says natural gas producers privately expect about 2 billion dollars in windfall profits under Carter administration pricing. He testifies that some prefer price caps to deregulation amid feared price jumps.
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Washington
James R. Schlesinger
Schlesinger
House Energy and Power Subcommittee
Carter
David H. Foster
Natural Gas Supply Committee
A.V. Jones
Independent Petroleum Assn. of America
James M. Collins
R-Tex
Charles Schultze
Council of Economic Advisers
Nixon Frames Foreign Policy Dominance In Frost Interview
In a taped Frost interview Nixon portrays himself as coolly in charge of foreign policy. He says he initiated talks with China and helped Egypt after the 1973 Yom Kippur War while defending U S operations in Cambodia over Kissinger’s objections. The telecast, aired on 155 stations, drew about 829000 homes and followed his Watergate fallout.
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Self
Washington
Richard Nixon
China
Middle East
Anwar Sadat
David Frost
Nixon
Henry
Kissinger
U.S
Cambodia
Kent State
Pentagon
Israel
Egypt
Syria
New York City
Arbitron Co
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