Good Bad And Ugly Of Economy
A broad AP outlook notes forecasters predict lower interest rates and inflation, yet warn a recession and higher unemployment may accompany any gains. Analysts warn 1929-like declines could recur, urging Americans to expect slower activity, tighter budgets, and a shift in the classic American dream amid prolonged hardship.
MENTIONED IN THIS ARTICLE
Snyder
Schultze
National Press Club
Winston
Houston
United States
Academe
America
Israeli troops widen Lebanon incursion to block raids
Israeli reinforcements moved into southeastern Lebanon backing a cross border thrust aimed at halting Palestinian guerrilla raids. More than 300 troops crossed the frontier with tanks and armored vehicles deployed near Markabe and Kounin as U N peacekeepers reported digging in east of Shakra. An attack on a Misgav Am nursery killed three Israelis, including an infant, with raiders identified as members of the Arab Liberation Front.
MENTIONED IN THIS ARTICLE
Metulla
Israel
Lebanon
Timur Goksel
U.N
Beirut
Markabe
Kounin
Shakra
van Snogten
Carter
Washington
Anwar Sadat
Menachem Begin
Misgav Am
Missouri Senator Eyes Canada Grain Embargo Probe
Missouri Senator Thomas Eagleton says a congressional subcommittee will investigate claims that Canada may be disregarding President Carter's grain embargo to the Soviet Union. He noted possible extra shipments and said the evidence will be reviewed within 10 days in a meeting with Agriculture Secretary Bob Bergland. Eagleton warned of firm action if the Soviet effort to capture Middle East oil escalates.
MENTIONED IN THIS ARTICLE
Columbia
Missouri
Thomas Eagleton
Canada
Carter
Soviet Union
Eagleton
Senate Agricultural Appropriations
University of Missouri- Columbia
Agriculture
Bob Bergland
Missouri Democrat
America
Persian Gulf
Middle East
Legislative Highlights Gas Tax Dies In Defeat
The plan to raise motor fuel taxes to fund highway renovations failed as Senate Majority Leader Norman Gaar admitted the effort died after Democratic support faded. The proposal would have raised eight cent gasoline and ten cent diesel taxes, with incremental increases through 1983, aiming to collect $30 million next year and $76 million annually by 1983. Also noted: motor vehicle tax measures, adult abuse reporting approval, a Gardner fire damage incident, nursing home abuse case coverage, and opposition to a severance tax on oil proposed by Senate Minority Leader Jack Steineger.
MENTIONED IN THIS ARTICLE
Senate
Norman Gaar
Gaar
House
Jack Steineger
Steineger
Kansas
Also Mentioned on This Page
New York
Walter Winston
Citicorp
Charles Schultze
Pres
Ident
Council of Economic Advisers
Julian Snyder
International Moneyline
Green Light Auto Parts
the Automotive, Inc
South Main
Ottawa
Gardner
Gardner, Kan
Ed Dolisi
Spring Hill
Overland Park
Dolisi
Kansas City
Bre Motion Pth
Ath Tor
Unus Nea A
Mms
BOB Sones University
Calvary Baptist Church
Ottawa University
Tith and
Sycamore ST
Ottawa, Kansas
Dick Peters
Budge’s Sports Center
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