Recession Cost to U S Economy Set at 76.8 Billion
The Democratic National Committee attributes the deficit to unemployment, while Ford economist Sidney L. Jones argues defects in policy. The Congressional Budget Office estimates that each 1 percent of unemployment costs the federal government 19 billion dollars in lost tax revenue and higher welfare and benefit costs. The April jobless rate stood at 7.5 percent.
MENTIONED IN THIS ARTICLE
R. Gregory Nokes
Washington
Democratic National Committee
Ford Administration
Sidney L. Jones
Congressional Budget Office
Ford
Jones
Treasury
Budget Office
Martha Mitchell Dies and Burial Planned in Pine Bluff
Martha Mitchell died in a New York hospital from a rare cancer and will be buried Thursday in Pine Bluff Arkansas, where she spent her youth. James W. Leslie recalled her as no wallflower and noted her love of attention. Mitchell, estranged wife of former Attorney General John N. Mitchell, was with her doctor at death and their children plan to attend the funeral. She was born Martha Elizabeth Beall in southeast Arkansas about 57 years ago.
MENTIONED IN THIS ARTICLE
Pine Bluff
Ark
Martha Mitchell
New York
Arkansas
James W. Leslie
Toledo Couple Celebrates 70th Wedding Anniversary
Mr and Mrs Andrew Osovich of Toledo Ohio celebrated their 70th wedding anniversary. She recalled marrying in Dolany Poland when she was 16 and said the years have passed quickly. The couple has 7 children 13 grandchildren and 18 great grandchildren.
MENTIONED IN THIS ARTICLE
Toledo, Ohio
Andrew Osovich
Osovich
Dolany
Poland
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