Stockman under fire for candid Atlantic Monthly article
President Reagan and many Democrats criticized David Stockman, budget director, for remarks in an Atlantic Monthly piece he did not refute. The article argues supply side theory and a large tax cut favoring the wealthy, with smaller relief for lower brackets, and suggests taxes fund government rather than redistribute wealth.
MENTIONED IN THIS ARTICLE
David Stockman
Reagan
Atlantic Monthly
Stockman
Uncle Sam
Congress
Postmaster Bolger backs six day mail and small post office
William F. Bolger told a Chicago convention that six days are needed to move the mail and that there will be no wholesale closing of small post offices. The stance pleases rural residents who rely on Saturday service and local offices, with the decision seen as wise for rural interests.
MENTIONED IN THIS ARTICLE
William F. Bolger
Chicago
Mt. Everest
Bolger
Postal Service
TV Schedule Highlights A Busy Night With Classics
A dense listings page shows Evening TV lineup from Oku News to Johnny Carroll. Featured fare includes Muppet Show, Hogan's Heroes, Sanford and Son, Great Performances Edith Wharton, Odd Couple and On Location Rich Little. Major films include Madame X and The Paleface with news and sports interspersed.
MENTIONED IN THIS ARTICLE
Eartha Kitt
Mary Martin
Jim Harte
U.S.A
Hogan's Heroes Rao
Sanford and Son
U.F.O
French Alps
Milan
Administration Budget Failure Sows Wall Street Slump
AP analysis notes investors lack faith in White House economic policy as Dow readings lag. Morgan Bank argues large deficits siphon savings, delaying private investment and reindustrialization, urging credible deficit reduction toward smaller deficits rather than exact balance.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
White House
Wall Street
Morgan Bank
Place
Morgan
Morgan Guaranty Survey
New Mortgage Options Spark Caution For Home Buyers
LOUISE COOK reports regulators have allowed many new loan types including AMLs with adjustable rates. Experts warn buyers to plan ahead and budget for possible payment increases while noting advantages like easier assumptions and less need for aggressive seller financing.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Jess
Jim Christian
U.S. League of Savings Associations
Christian
Umbilical hernias and aftercare explained
Dear Dr Donahue letters discuss infant belly button hernias not caused by crying, the chance of spontaneous resolution by age five, and when surgery is considered. Other questions cover protruding navels, B12 and iron in anemia, and post hysterectomy hormone therapy with notes on osteoporosis and vaginal health.
Ottawa Herald Subscription Rates Ad
Rates for Ottawa and surrounding towns by carrier mail and motor routes. One month 3.25, three months 9.00, six months 17.50, one year 34.50 incl sales tax. Outside trade area one month 4.25, three months 11.10, six months 21.10, one year 38.75 incl sales tax. Out of state subscribers deduct 3.5 percent. Associated Press member.
MENTIONED IN THIS ARTICLE
S. Cedar
Ottawa
Kansas
Robert B. Wellington
THE
Associated Press
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