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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 30, 1982
Page
3
Democrats and Republicans clash as John Cogan defends a proposed extension, calling it inequitable and costly while opponents urge action for the unemployed. Long challenges the administration and urges a concrete program, with Chafee Heinz and Riegle pressing for relief and immediate federal steps.
Reagan plans to extend for one year a grain sale pact with the Soviet Union. The move aims to aid farmers while risking European anger, with formal White House announcement anticipated after weeks of policy reviews.
Washington UPI reports Census analysts say in the last two decades the number of working women doubled and day care use tripled, redefining the traditional American family. About 44 million women work today, up from 23 million twenty years ago, with rising numbers of working mothers needing care for preschool children.
Donna Conroy runs a wake-up call from her Cleveland apartment charging 10 dollars weekly. The service, once run for two years until 1979, drew about 50 subscribers and mostly male clients aged 25 to 35. She notes mixed reactions but says a polite greeting helps.
Economist Alan Greenspan said the current decline in interest rates is not enough to significantly help Republicans in the November elections. He predicted rates will fall in the near term but level off in two to three months and then rise again, despite recent cuts by major banks. Former President Ford also urged optimism, but Greenspan cautioned against reading too much into short term trends as the economy shows only a tentative recovery.
Washington official reports the restaurant and lodging industries push to restore the full tax deduction for meals at business lunches amid a Senate cut and planned conference on a tax bill. Industry leaders warn of large layoffs and revenue loss if the deduction remains halved, while exploring a two part compromise with lawmakers.
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