15 Jul 1983
Page 1
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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Jul 15, 1983
Page
1
A speech by the chairman of the USPS board outlines a mixed outlook with no rate hike yet this year but warns of a near 1 billion dollar operating loss and a needed rate increase by October 1984. The 24 billion dollar, 675000-employee operation faces rising costs and generous pay/benefits.
The House GOP, 146 members strong, pledge to sustain Reagan vetoes on oversize spending bills, signaling open partisan clash with Democrats over welfare programs. Senate Finance Chair Dole warns no budget in sight, stressing urgent action to avoid higher interest rates and stifled recovery, framing the choice as economic recovery versus election gains.
A dense TV schedule lists prime time offerings from ESPN SportsCenter to PBS M A S H, with films like Bless the Beasts and Children and The Graduate. It notes local programming such as Washington Week and Market to Market, plus late night shows and sports events across networks CBN HBO ABC NBC and PBS.
AP analysis notes the 1981 to 1982 recession did not erase cash holdings, with individuals' cash and net financial assets rising. High rates and money market funds encouraged hoarding, aiding recovery as auto sales and retail trade improved. Unemployment peaked at 10.8 percent, but labor force participation rose, especially among women, keeping output fell less than earlier downturns.
The 14th season of Evening At Pops on public TV opens with a visual experiment blending rehearsals and photo essays set to John Williams scores. The John Williams Show spotlights Williams as conductor and harpsichordist, with a Rockwell tribute and a J. Williams led E.T. score.
Reader questions about penicillin in bleu cheese and the allergy risk. Expert notes that molds in these cheeses release minimal penicillin, usually broken down by stomach acids, so most people are unaffected unless they have severe sensitivity. Older adults can get mononucleosis, treatment mainly rest, with similar symptoms and outlook as in younger patients.
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