Reagan Deficit Projections Reach Record Levels
Reagan administration economists project deficits of 109 billion in 1982 152 billion in 1983 and 162 billion in 1984 totaling about 423 billion and nearly 50 percent of the national debt This worst case outlook comes amid a recession restraining tax revenues and boosting welfare costs Analysts note potential for spending cuts but warn about entitlement programs and defense while predicting possible recovery aided by falling interest rates and housing demand
MENTIONED IN THIS ARTICLE
U.S. Treasury
Washington
White House
The
Republic
Ford
Reagan
Herbert Hoover
Congress
Cabinet
David Stockman
Treasury
Robert Weintraub
U.S. Congress Joint Economic Committee
Pacific Institute
San Francisco
Weintraub
Letter to the Editor Critiques Welsh on Smoking Stance
Peggy McCrary of Odessa argues that Wales defends smoking while attacking overeaters and Brooke Shields' eyebrows. She counters the editor’s stance, urging quitting and praising Shields as beautiful, concluding that smoking stinks and is dumb.
MENTIONED IN THIS ARTICLE
Brooke Shields
Jim
Welsh
E.e
Roald Amundsen Reaches South Pole in 1911 History
Today in history notes Roald Amundsen became the first to reach the South Pole on December 14, 1911. It also recalls Mary Queen of Scots ascending the throne in 1542 and Japan establishing a puppet government in Peking in 1937. Elizabeth Taylor is quoted with a thought about tomorrow.
MENTIONED IN THIS ARTICLE
Roald Amundsen
South Pole
Mary Queen of Scots
James V
Japan
Peking
Elizabeth Taylor
U.S
Bears and Cubs fans duke it out in Royko bar debate
Mike Royko recalls a Chicago bar discussion on whether Bears or Cubs fans are dumber. The column riffs on fans buying pricey gear, traffic, cold weather, and loyalties, with punchlines about stadiums, self praise, and a punchy flourish that ends with the admission of being dumb for admitting it.
MENTIONED IN THIS ARTICLE
Mike Royko
Chicago
Bears
Cubs
Fat and Bald
Fat
Bald
George Halas
Cub
Wrigley Field
Soldier Field
Beard
Andy Rooney on sleep and sleeping positions
In a reflective column Andy Rooney muses on his inability to sleep on his back and the overlooked science of lying positions. He notes doctors focus on other ailments while ignoring sleep posture and examines how sleeping on the back triggers disturbing thoughts and discomfort.
Britain needs reform to curb union power says Buckley
Buckley argues Great Britain suffers from strong unions and costly labor, citing Hutchinson figures comparing English and German plants. He claims Thatcher lacks power for union reform but recognizes the issue, while Shirley Williams and the Alliance are blamed for political missteps and broader decline.
MENTIONED IN THIS ARTICLE
England
Great Britain
Tony Benn
Britain
Shirley Williams
Margaret Thatcher
John Hutchinson
National Review
Hutchinson
Ford Automobile
Halewood
West Germany
Saarlouis
Thatcher
James Callaghan
Alliance
Tony
Shirley
Also Mentioned on This Page
Permian Basin
David F. Lyons
Jim Welsh
Odessa
Peggy McCrary
Andy Rooney
By Andy Rooney
William F. Buckley JR
Social Democratic Party
Liberal Party
Labor Party
France
United States
Bank of England
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