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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Sep 30, 1985
Page
1
The piece argues only a drastic reduction of the national budget deficit can fix the trade imbalance. It calls for a two-pronged approach: sizeable defense cuts and substantial tax increases led by President Reagan, with Congress urged to follow.
The piece notes a 25 percent drop in home values since the 1970s loan boom and rising mortgage defaults. Homeowners walk away from underwater homes while lenders rely on insurance payouts, with 1984 losses near half a billion. The era of "creative financing" is ending as inflation woe hurts all sectors.
NBC bets on Steven Spielberg to lift Sunday night ratings with Amazing Stories but the debut episode falls short of the hype. The first tale Ghost Train relies on mood over a strong finish, despite impressive visuals and sound.
Ottawa Herald lists daily publication details with editor Robert B. Wellington. The notice shows trade area and out-of-state rate differences, monthly and yearly prices, and sales tax adjustments for Ottawa Kansas.
An AP overview notes that imagining a million dollars in 1985 invites practical concerns about inflation taxes and upkeep. It contrasts modest income from bonds with risky investments and points to the social drift of the game as participants debate dreams versus feasible actions.
AP analysis outlines the long running debt limit drama as Congress faces a $2 trillion ceiling. Treasury warns of default risk by Oct 7 1985 while Democrats blame Republicans and vice versa. Social Security pay and other checks loom as sanctions, abortion, and school prayer surface in the debate. A Senate House conference path could allow politicians to claim spending limits despite unclear impact.
Readers seek guidance on post polio progressive muscular atrophy and fatigue after polio, heel spur treatments, Alzheimer's prevalence estimates, depression risk in a spouse, and thyroid hormone withdrawal risks. Expert notes varied causes, recommends rest, therapy, and cautious medication use, with emphasis on consulting physicians for prescription decisions.
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