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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Aug 12, 1996
Page
4
A Fort Worth Star-Telegram opinion asserts consumer debt drives economic growth more than Wall Street, Fed, or taxes. It notes June spending fell as debt limits tightened, forecasts a 2.5 percent growth later, and credits debt reduction with improving activity.
Merrill Lynch surveyed 809 people with assets showing many delay planning. 28 percent will think about estate planning later, 16 percent deem it unnecessary due to good health, and over 50 percent in some groups underestimate federal taxes taking more than half an estate. Elizabeth Larson notes fatalism and superstition in planning despite clear tax risks.
Feder argues Justice Alvin Schlesinger exaggerated tragedy in Elisa Izquierdo case and faults welfare liberalism for crime. He accuses courts and politicians of misplacing blame on poverty while asserting the core issue is lack of shared moral values, not dollars.
In commentary on the 1990s campaign, the author attacks seven constitutional amendments in the Republican platform as excessive while questioning Bob Dole's articulate image and resolve. The piece contrasts Dole with Lincoln and Bush, arguing only a true ruling passion for tax reform could drive his plan. Sobran, based in Arlington, Virginia, levert notes.
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