Pacific Stars And Stripes Newspaper Archives Feb 13 1983, Page 1

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Pacific Stars And Stripes (Newspaper) - February 13, 1983, Tokyo, Japan Bufi 12 n 22 b Pacific stars and Foj m 7 to 23 17 Rtula Joseph Burus 38th 43 an authorized unofficial pub Caton for the personnel of the department of other government agencies and Autho zeo personnel it the the Pacific command february 1983 h 175 wholesale takes record dive compiled from wire services Washington wholesale prices fell a record 1 percent in with a Sharp decline in fuel accompanied by Price Breaks for food and a wide Range of other the labor department reported the unexpectedly Steep drop in the producer Price Index was the most since the government first measured wholesale Price changes in if sustained for 12 the rate of decline would be a seasonally adjusted dubbed double digit deflation by one department sharpest Ever drops in natural Gas and Home heating Oil plus plunging gasoline led the food prices also although at a More modest presidential spokesman Larry Speakes called the new report a striking confirmation of the Prog Ress that has been made in reducing the underlying rate of this is Good news and indicates that the administration and the Federal working on the same achieved these As for Energy which declined a record percent Overall at labor department analysts said in releasing fridays that a generally mild Winter so far was largely responsible for the surprising percent fall in natural Gas prices and the percent drop in Home heating Oil fuel Oil costs have also been restrained by the worldwide Oil As have gasoline which were off the departments Energy Price calculations actually lag a month behind the rest of the food As reflected in the producer Price Index for finished fell pacing the drop were declines in the wholesale Cost of fish and the new report gave a big boost to economists predictions that inflation at the wholesale level this year might be As Low or even lower than the percent clip posted for All of that was the smallest Rise since the percent of when wage and Price controls were in effect for part of the besides the Oil the lingering recession and abundant crops have also been credited with improving the inflation Sharon resigns blasts Beirut report Ariel Sharon compiled from wire services Tel Israel Ariel assailing the Beirut massacre report As a Mark of Cain on our resigned As israeli defense minister but officials said he would remain in the within hours of informing prime minister begin of his decision to Sharon denounced the israeli inquiry into the 1618 massacre at the Sabra and shatilla palestinian refugee i cannot even for a minute that clause in the report that deals with the indirect responsibility of Israel for the events of Sabra and he judge for yourself How that phrase will ring in the ears of every in every everywhere on the face of the it will be a Mark of Cain on our foreheads for Reagan administration officials said they see Sharon resignation As an Opportunity to mend relations Between the United states and strained in recent months Over War torn i think Sharon is the most dangerous Man in the one official said of the israeli the commission that probed the massacre by Christian lebanese militiamen ruled that Sharon bore personal responsibility for the Slaughter of hundreds of people at the two Camps in West Sharon was to hand Over the defense Post to begin but would remain in the Cabinet As a minister without portfolio for an unspecified period of see Page 7 Moshe Arens worst storm in 40 years cripples Eastern cities Page 3 suspect charged in grisly London mass murder Case Page 4 to Tomato other lovers in the far East Pacific Page 9 Agency proposes cuts in weapon programs times Washington the congressional budget office has Given Congress an analysis of 14 possible reductions in the administrations proposed military including the cancellation of the my the navys fa18 fighter bomber program and a proposed Fleet of 63 new Navy the budget office staff said that these cuts would result in Only modest reductions in actual spending in the fiscal year which will begin on but added that much larger savings would be realized Over a five year ending the predicted savings for the 1984 budget year were billion in outlays or actual spending and billion in so called budget which is the Legal right to make spending for the five year period the predicted Sav Ings for the two categories is billion and this analysis was contained in the National defense chapter of the see Page 7

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