Johnson Charts Postwar Economy Plans After Vietnam War
President Johnson asked for plans to avert a recession after the Vietnam conflict. A cabinet task force will study possible tax cuts and spending boosts, aiming to smooth the transition to peace and support labor and industry. The outlook for 1967 shows a 6.5 percent rise in national output, with inflation controlled and unemployment near full. Gardner Ackley will lead the postwar study group to explore tax relief and program priorities.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Vietnam
Johnson Aod Congress
Easi
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Highlights Of Johnson Economic Message
Washington AP text highlights from President Johnsons economic message say most Americans are better off materially though some figures are serious. Restoring price stability is a major goal not achieved instantly or in 1987 but can come with steady economic progress if business and labor act with restraint and responsibility in wage and price decisions.
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Washington
Johnson
Drenty
Cmt
Wtmest
Ohio lawmakers study emergency pay raise for critical state personnel
In Columbus Ohio lawmakers weigh a special emergency bill to boost pay for employees in critical areas to stem turnover as high as 35 percent. The plan targets highway patrol nurses and other state workers with proposed monthly raises of 100 dollars for about 45000 staff.
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Columbus
Ohio
Minority ix
Ohio Building Authority
House
Senate
Ralph D. Cole Jr
S Hancock
State Government Committee
Cole
Ralph Welker
Meigs
Douglas Applegate
Jefferson
Barry Levey
Butler
Richard M. Christiansen
Richland
Christiansen
Keith Mcnamara
Franklin
State Bar Association
Darndest Depression Comment on Labor Strikes
A shopper observes hard times with everyone working yet broke, noting relief that the previous period required no labor. The remark captures common frustration and stoic humor about economic strain.
U S Forces in Vietnam Reach 400000 Mark
The number of American military personnel in Vietnam rose to 400000 last week, up 5000. Most of the increase came in the Army, up 4000, with no major unit arrivals reported and the gain attributed to support groups and small elements.
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Saigon
U.S
Vietnam
U. S
Blind secretary snatched by crowd on subway tracks
Isabella Mauri a 21 year old blind secretary from Queens fell onto the southbound tracks when a rush of commuters knocked her cane aside and she lost balance. Cap and two men pulled her to safety as a train arrived. She was treated for knee and eye bruises and plans to ride again.
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Paul Glaser
Isabella Mauri
New York
Manhattan
Queens
Sixth Avenue
33Rd Street
Isabella
Leonard Jonas
Woodmere
Long Island
Weather notes show rain and cold snap ahead
The forecast calls for rain tonight with a low in the upper 30s. Friday turns colder with more rain ending and snow flurries. Yesterday’s high reached 65 and the overnight low was 38. At 1 am today the temperature was 40. Middletown recorded 2 inches of rain before 8 am.
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Middletown
Haddon hints at cautious auto safety standards
U S traffic safety chief William Haddon Jr held private talks in Washington with foreign and domestic car makers ahead of a January 31 announcement of 198 model year standards. Officials said Haddon aims to balance stricter rules with not driving imports from the U S, despite potential changes if objections are strong.
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Detroit
William Haddon Jr
U. S
Haddon
Washington
State Department
Car Sales Slow Cuts Ordered By All Of Big 4
Motors slip as layoffs loom at General Electric and General Motors factories in Cincinnati and Norwood. UAW locals walkouts affect about 4 700 workers while a second plant idles for missing parts. The two strikes disrupt jet engine and Fisher Body production, signaling a broader industry slowdown.
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Cincinnati
General Electric Company
United Auto Workers
Afl-Cio
General Motors
Fisher
Norwood
Chevrolet
UAW
Fisher Body
Chevrolet Auto Assembly
Cincy GE Walkout Called Off
Production cuts were ordered at General Motors and Ford Motor Co as automakers moved to trim overtime and shift to four day weeks. American Motors borrowed $20 million more, boosting its total loan to $95 million due May 31 as stock rose on the NYSE amid a year end loss of $12.4 million for AMC.
MENTIONED IN THIS ARTICLE
General Motors
Ford Motor Co
Henry Ford Os
American Motors
Roy D. Chapin
AMC
New York Stock Exchange
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Lbj’s Economic Report
Robert Carl
Cleveland
Public Square
Aie Ana Tad
Cincy GE
Ann Landers
Speer Rhee
Valley News
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