Reagan Shift Economic Philosophy Signals GOP Gamble
Hedrick Smith reports Reagan’s economic program marks a fundamental gamble for the economy and the Republican party. A watershed shift in thinking aims to reduce government power to tax for social change while leaving basic New Deal programs intact. The plan revives conservative aims, revamping Great Society and Carter initiatives amid divided Congress.
MENTIONED IN THIS ARTICLE
Hedrick Smith
New York Times
Washington
Reagan
Congress
Carter
Reagan Economic Plan Faces Skepticism and Hurdles
Reagan defends a tax cut package aimed at balancing the budget by 1984 while delivering growth and lower inflation. Analysts warn the plan risks a $100 billion deficit if it fails, as Democrats and some economists doubt its untested approach. White House says safety net preserved. Congress urged to act within 90 days.
MENTIONED IN THIS ARTICLE
Sien
Reagan
Morris K. Udall
D-Ariz
Republican Party
Congress
Carter
Udall
White House
House of Representatives
Reagan ideas split Southern Illinois residents on roadblocks ahead
Southern Illinois residents voiced cautious support for Reagan economic plans while predicting obstacles. Dairy worker Fred Miller praised welfare reform but criticized benefits for nonworkers, while noting sympathy for disability and elderly programs. SIU economist Ira Goldberg questioned efficacy, urging focus on people over production. Housewife Mary Goodin criticized tax cuts and defense spending, calling some policies naive. Local opinions from Marion, Johnston City, Carterville, and Royalton showed skepticism about rapid budget cuts and timing.
MENTIONED IN THIS ARTICLE
Ann Schottman Enot
Dave DeWitte
Southern Illinois
Reagan
Fred Miller
de Soto
Miller
Ira Goldberg
Carbondale
Southern Illinois University
Goldberg
Mary Goodin
Congress
Williamson County
Joe Cannon
Marion
Aline Lanham
Johnston City
Weather outlook: fair tonight and mild weekend highs
The National Weather Service calls for fair conditions tonight with lows in the mid 40s. Friday remains mostly sunny and mild with a high near 70. The Illinois extended forecast shows clouds and milder conditions Saturday, cooler Sunday and Monday with lows in the 40s to low 50s Saturday, cooling to the 20s by Monday and highs in the upper 50s to low 60s Saturday, then 40s by Monday.
MENTIONED IN THIS ARTICLE
National Weather Service
Illinois
Postal Service Wins Approval for 18-Cent Letter Rate
The Postal Rate Commission approved an 18-cent rate for the first ounce of a first class letter and 17 cents per ounce for additional ounces, with smaller increases for other mail classes. Postmaster General Bolger warned further rate requests may follow if needed to cover costs. The commission said the new rates would yield about $1 billion less annually than the service sought.
MENTIONED IN THIS ARTICLE
Washington
Postal Service
Postal Rate Commission
Lee Fritschler
William F. Bolger
Rate Commission
Fritschler
Senate
Commission
Simon Says Reagan Cuts Hit Southern Illinois Hard
Southern Illinois faces loss of Perry County coal gasification funding, reduced black lung benefits, and tighter college aid under Reagan proposals. Senator Paul Simon warns of inflation risk from large tax cuts and notes potential food stamp and CETA eliminations. Industry and union reps react cautiously to funding shifts and policy reviews amid an $800 million plant plan.
MENTIONED IN THIS ARTICLE
Evan M. Davis
Simon
Reagan
Agriculture Department
Illinois
James Edwards
Perry
Illinois Coal Gasification Group
ICGG
Rob
Ert
White
Gerald Hawkins
United Mine Workers In
Illinois Coal Association
Taylor Pensoneau
Anna Mayor, two others indicted for arson
Union County grand jury indicted Anna Mayor Robert Ferrell and Paul Coffman of Route 3 Cobden on arson charges. They allegedly set fire to an office and storage building at 111 Fowler St on February 25, 1980, owned by Robert and Jean E. Ferrell and insured by Country Mutual. Special prosecutor Ronald Eckiss noted the case was brought by grand jury since Ferrell is a public official. Witnesses included Ferrell, Coffman, insurance agents, and law officers. Ferrell claims innocence.
MENTIONED IN THIS ARTICLE
H.B. Koplowitz
Southern Illinois
Union County Grand Jury
Anna
Robert Ferrell
Ferrell
Paul Coffman
Cobden
Coffman
Fowler St
Robert
Jean E. Ferrell
Country Mutual Insurance Company
Ronald
Eckiss
Country Company
Lawrence Ek
Illinois Division of Criminal Investigations
Robin Dillon
Also Mentioned on This Page
Carterville
Joe Tregoning
Mary Sullavan
Royalton
Wit’s End Bridge
Anna Fire Department
Joe Taormina
Lawrence Boyer
Taormina
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