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Newspaper
Logan Daily News
Location
Logan, Ohio, United States of America
Date
Jun 06, 1962
Page
4
The piece discusses Kennedy economic aims with Walter Heller saying the economy runs in high gear but lacks zip. It notes plans to seek a major 1963 tax overhaul with possible net tax cuts from two to five billion dollars before summer breaks.
A 1962 economic briefing discusses tax revisions and investment incentives. It notes rising GDP to 550 to 560 billion dollars, strong consumer demand, and high industrial output, while unemployment sits around 5.4 percent. The piece highlights depreciation liberalization and an investment tax credit as key proposals to spur investment and growth.
TV guide style listing shows Pioneers Wagon Train Joey Bishop Perry Como Bob Newhart Brinkley Report Sea Hunt News Yogi Bear Trackdown Howard K. Smith Straightaway Telementary Top Cat Checkmate Hawaiian Eye Dick Van Dyke Naked City with time blocks from 7:15 to late night.
In Indianapolis AP reports District Grand Lodge 2 of B’nai B’rith installed an almost all Ohio slate of officers. Baron H. Gold of Cincinnati became president with Nate Lipson of Steubenville and Aaron Grossman of Youngstown as vice presidents. Donald W. Harris of Cincinnati was secretary and Max Kohnop of Dayton treasurer.
Striking yard workers in greater Cincinnati voted to accept a new three year contract with concrete producers. Local 100 president Walter Schulz said the agreement includes 15 cent hourly pay boosts each year, ending a five day walkout.
In a day filled with hopeful but fragile forecasts, Congress considers a debt limit rise, Germany eyes economic risk, and a Paris trial looms for Algeria's secret army leaders. Meanwhile a US tax cut proposal and a refugee family arriving in Chicago frame a world balancing hope with peril.
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