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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Jan 02, 1992
Page
4
Jim Hitch argues rising rates threaten retirees while lower rates revive the economy, impacting President Bush and the 1992 election. He notes millions refinance and corporations gain, but many older investors lose income, complicating solutions and suggesting a need to end the recession.
The piece argues that both parties push for tax cuts amid a near 400 billion dollar deficit, contending large, stimulative cuts risk higher interest rates and deeper deficits. It critiques political posturing and explores a one time tax relief idea that avoids long term fiscal impact while claiming growth.
In a Thursday series on old rural schools, Jim Hitch recounts Fairview School District 53 near Centropolis, organized 1868 and closed 1942 as World War II began. He lists teachers, last students, notable alumni, memories of a pump prank, shinny games, and the final building sold to the Dillons, later used as a garage.
A speaker explains that Baby Boomers, now aged 35 to 46 in 1992, faced their first major recession with mortgages, bills, and family duties. The dialogue links past booms to current anxiety, with Bush expected to revive the economy. The tone mirrors a candid, streetwise hometown column.
A compiled roster provides addresses and phone numbers for President George Bush The White House Topeka Governor Joan Finney Sen Bob Dole Sen Nancy Kassebaum Rep Dick Nichols State Rep George Teagarden State Sen Dave Webb State Rep Walker Hendrix with street addresses Topeka and Washington D C for public inquiries and congressional contact options
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