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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Apr 23, 1981
Page
1
The Labor Department reports March sees a 0.6 percent rise in living costs, the smallest since July 1980, driven by moderating energy prices. Food and beverages up 0.4 percent, new car prices down 0.4 percent, medical care up 0.9 percent.
Economist Kudlow says despite 6.5 percent Q1 growth the economy could slip into recession later this year without rapid congressional approval of Reagan tax cuts and spending, contrasting with more cautious private forecasters. Inflation was 12.4 percent last year as debate over policy continues.
Washington AP reports the average American family of four now needs 23134 dollars yearly for a moderate standard of living up 12.8 percent from last year. Higher and lower standards require 34409 and 14044 dollars respectively, with Anchorage Honolulu Boston New York and DC listed as the costliest cities.
Washington AP reports Social Security and SSI checks will likely rise about 11.2 percent, based on the March CPI. The increase adds roughly 14 billion annually per 1 percent CPI rise, boosting program costs to about 136 billion. Maximum monthly for new 65 year olds would reach about 753, average retiree to 374, elderly couple to 640, and minimum to 170.
Ralph Johnson, longtime football coach and athletic director at Ector, resigns effective June 1 or upon replacement. He cites personal reasons and the Odessa desegregation plan, including the potential closing of Ector High, as factors. Johnson notes lack of permission to hire a varsity assistant and doubts the school will reopen next fall.
Rioting and street fighting erupted in Catholic areas of Belfast and Londonderry amid the funeral violence. Police and troops battled mobs of young Catholics after the youths were killed by a British army vehicle. Bobby Sands weakened as hunger strike drew attention. Ramsey Clark and Daniel Berrigan flew to Shannon en route to Belfast to urge Sands to end the fast.
Researchers at Rutgers and partners document Edison failures from the perpetual cigar to goldenrod tires, part of a 20 year mission to compile nearly 30 million pages of papers. The project, supported by the National Park Service and Smithsonian, will distill material into 300 000 pages of microfilm and a 20 volume edition.
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