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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jan 24, 1981
Page
8
Washington reports 1980 CPI up 12.4 percent, the worst three year stretch since World War I. After tax buying power fell 4.8 percent. 1967 $100 goods cost $258.40 by year end. December costs rose 1.1 percent driven by transport, housing and food.
Classified prices rose over 1 percent as President Reagan pledges sharp tax and spending cuts to tackle economic troubles. He met congressional leaders to outline an economic battle plan and named Murray Weidenbaum of Washington University, St Louis, as CEA chairman. He also met Federal Reserve head Paul Volcker as inflation concerns persist. Carter forecasts warn of continued inflation and rising food energy housing costs into 1981.
A 10 state study shows Carter won 70 percent in Hispanic precincts while Reagan hit a record 25 percent. Carter’s Latino support fell from 81 to 70 percent since 1976 and Reagan’s Hispanic votes rose by 185,178 versus Ford. SVREP sat atop Hispanic registration and turnout gains, signaling the 1980s as the decade for Hispanics in politics.
An electrician found the body of a teenage boy on a suburban highway east of Atlanta. Police say the victim, about 13 or 14, is linked to a string of 13 earlier child deaths and disappearances since July 1979. The case involves multiple agencies and a mix of similar and distinct patterns across the suburbs.
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