Inflation tips to survive rising costs in 1980
Louise Cook outlines how inflation outpaces earnings in 1980 with real wage declines and rising spending. The piece presents the rule of 72 to gauge growth and inflation, urges budgeting, tracking every expense, and using a pocket calculator to compare unit costs and manage money in a tighter economy.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Labor Department
National Consumer Finance Association
Citibank
Man dies after shooting self and two daughters
In Dallas a 49 year old man Edgar Pilcher died after shooting his daughter and a pregnant step daughter then killing himself. Pilcher had a paralyzed side from a 1967 auto accident and had been in a troubled marriage with two houses involved. Paula Pilcher 17 survived after throat wound and the baby girl born by Caesarean was in critical condition. Cindy Whiddon 22 eight months pregnant was in critical condition after being shot in the chest. The two other children, ages 3 and 5, were unharmed. Police noted marital strain and a recent reconciliation attempt that failed.
MENTIONED IN THIS ARTICLE
Dallas
Edgar Pilcher
Parkland Hospital
Pilcher
Paula Pilcher
Baylor Hospital
Cindy Whiddon
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Pinkie's Coliseum
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