Breslin Wins Pulitzer for Commentary in 1986 Awards
New York Daily News columnist Jimmy Breslin won the 1986 Pulitzer for commentary praised for championing ordinary citizens. Other prizes went to Larry McMurtry for fiction, Elizabeth Frank for biography, Walter A. McDougall for history, Henry Taylor for poetry, George Perle for music, and several outlets for reporting and photography.
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Cattlemen's Future Bright But Grain's Another Story
Washington AP Farmers face mixed outlook as abundant world stocks push crop prices down while livestock sectors gain from lower feed costs. 1986 cash income forecast ranges 37 to 41 billion dollars with net farm income projected 21 to 25 billion, down from 1984's record 34.5 billion.
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Agriculture Department
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Economic Research Service
USDA
Reality Works Against U S Savings Analysis
AP Business Analyst John Cunniff argues the U S savings rate lags Japan due to tax incentives on interest and borrowing, a larger spending-age population, extensive Social Security and corporate pensions, widespread home ownership, and the rise of plastic credit. He notes these factors shape saving behavior and may understate true savings, projecting high credit balances into the 1990s.
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