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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Oct 11, 1978
Page
10
Economists and officials at a productivity conference in New York voice concern over a decade of falling output per worker. They cite taxes, regulation and inflation among factors, noting the mystery behind lost efficiency in capital, labor and technology use.
The excerpt includes Q and A items on mineral production leaders and legal drinking ages, a note on Valentina Tereshkova, plus discussion on corporate investment risks, productivity, and US work ethic. It references Belgian demographic groups Flemings and Walloons in the south.
On October 11 1779 Casimir Pulaski was killed in Savannah while fighting for American independence. Other marks include John Stevens first steam ferry between NYC and Hoboken in 1811 and Edison filing for an electrical vote recorder in 1863. Churchill sailed to South Africa in 1899 and the first US political telecast occurred in 1932.
Washington based editorial notes wives and children of Capitol Hill played a key role in pressing for the ERA extension vote. It highlights Senate Majority Leader Byrd’s initial reluctance and then decisive move after a delegation of Senate wives urged action. The piece credits family influence with shaping the legislative timetable during the end of the session.
The Nov 7 ballot includes Question 1 a rare Massachusetts tax proposal altering who pays the property tax Instead of capping amounts it would shift burden toward businesses benefiting homeowners The plan backed by homeowners faces business opposition and heavy campaign activity while the state court ruling of 100 percent market value assessment drives towns to adjust Boston and major cities weigh compliance
Washington report notes a congressional survey finds GAO viewed as a valuable asset yet reveals substantial room for improvement. The 84 page House Select Committee on Congressional Operations assessment highlights slow, narrow, overly technical work and calls for reforms in the watchdog agency.
Washington lawmakers and aides critique GAO for slow reports and cautious findings while praising its integrity. Anonymous comments call audits timid and overly cautious. others note thoroughness despite political pressures and internal tensions. The report urges improvements, though suggests less congressional meddling.
A still secret FBI IRS report names Meyer Lansky and Morris Shenker as top crime financial figures. Shenker, a Las Vegas lawyer and Dunes owner, reportedly drew massive Teamsters Central States Pension Fund loans. Glick built a casino empire with fund loans while Spilotro linked to Argent. Investigation suggests skimmed funds, disappearances, and unresolved charges.
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