Yale economist estimates holiday gifts cost Americans billions
Yale economist Joel Waldfogel estimates Americans will spend about a billion on unwanted gifts by December 26. He notes the economy gains from the gifts but suggests giving cash or donating unwanted items to charity as ways to avoid the trap.
MENTIONED IN THIS ARTICLE
New Haven
Conn
Yale University
Joel Waldfogel
Waldfogel
Premium increases hit unemployment insurance costs
The Globe and Mail reports the cabinet will likely approve a rise in unemployment insurance premiums for workers and employers starting January 1, adding up to 800 million to federal coffers next year. The 1994 employee maximum would reach 1,245.40, up from 613.60 five years earlier, amid protests that higher rates deter hiring.
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Toronto
Globe and Mail
Ottawa
Alberta faces plan to charge premiums for health care
A Calgary report urges universal health care premiums for all Albertans and extra fees for non essential services as part of a plan to reduce health costs. It calls for regional hospital boards and a commission to define basic services while Premier Klein’s government pushes to slash deficits.
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Calgary
Ralph Klein
Alberta
Shirley McClellan
Trial on downtown land deal closer
Five year suit by Bob Reidy against Mayor Ted Grimm John Hirsch and Grant Gardiner moves toward trial after Justice A B Sulatycky sets January 15 1994 court date. Gardiner and Medicine Hat Real Estate Board Co operative remain defendants with six others. Reidy claims improper actions in the 1979 land sale.
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Jeff Welke
the News
Bob Reidy
Ted Grimm
John Hirsch
Grant Gardiner
A.B Sulatycky
Gardiner
Board
Sulatycky
Master L. Alberstat
Real Estate Board Co-Operative
Reidy
Medicine Hat
Miller
Harcourt Sees Alberta as Enemy in Construction Tug of War
Premier Mike Harcourt warned Alberta risks a declaration of war by restricting Alberta firms from B C public contracts. He cited grievances including welfare refunds and loss of jobs to B C as Alberta retaliatory measures draw strong reaction from Edmonton.
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Victoria
Mike Harcourt
Alberta
British Columbia
Harcourt
NDP
Edmonton
Ken Kowalski
British ‘Columbia
Ralph Klein
B.C
Racism Fueled Commuter Gunman Rampage
An admitted gunman, charged with multiple counts, opened a rampage citing racism as motive. Police found four pages of notes titled Reasons for this in his pocket, detailing why he targeted white or Asian victims. More than a dozen people were injured or killed in the Tuesday incident. Authorities are investigating institutions and individuals connected to the case.
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Tel Aviv
Israel
Michael Jackson
LaToya
LaToya Jackson
Michael
Jack Gordon
Jackson
Encino
Los Angeles
Katherine
CNN
New ‘York
An Nan
Individu
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