Steady Rise Shown In 1976 Economic Indicators
Industrial production has risen for 13 straight months from the 1975 April recession low. May 1976 production index reached 123.2, personal income up 11.5 percent year over year, with total income at an annual rate of 11.1 billion dollars to 1,357.2 billion. Citibank calls Ford policy a cautious drumbeat toward slower gains while fiscal restraint keeps growth steady as a “beautiful dreamy” sail toward good times.
MENTIONED IN THIS ARTICLE
White House
Ford Administration
Citibank
Ford
John Cunniff
New York
Iap
Wall Street
Tax rebate for working families under new 1975 law
A 1975 enacted provision offers a rebate to low income workers with families and at least one dependent. The April federal report notes transfer payments were revised downward as many low income families miss the earned income credit. If eligible, contact your Congressman, a tax accountant, the IRS, or review your tax form.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Summer Rally Debate Persists In Market Talk
The piece questions the existence of a reliable summer stock market rally despite brief mid year gains. It cites Yale Hirsch and the S P index showing a small pre Fourth of July rise, then a weak later July performance, casting doubt on a sustained summer boost.
MENTIONED IN THIS ARTICLE
Yale Hirsch
the Stock Trader's Almanac
Hirsch
Standard & Poor
June 22 in history highlights and CIA anecdotes
On this date notable events include Napoleon's abdication, the DOJ’s creation, King George V’s coronation, Joe Louis’ title win, and WWII armistice signing. The piece also recounts CIA blackmail apartments in New York and San Francisco, plus Ford’s late pool dip and a memo about women’s meetings.
MENTIONED IN THIS ARTICLE
California
Napoleon Bonaparte
Congress
Department of Justice
Britain
George V
Queen Mary
London
Joe Louis
Jim Braddock
Chicago
France
Germany
Saigon
Great Britain
New York
CIA
Greenwich Village
San Francisco
Harold Osborn
Washington
Ford
White House
Lebanon
U.S
Francis Meloy Jr
Myron Europas
Action Agency
Agitators Blamed in South Africa Racial Uprising
Officials in white South Africa point to black political agitators for last week's violence in black townships around Johannesburg. A commission will probe causes amid claims of student protests over Afrikaans as a school language.
MENTIONED IN THIS ARTICLE
Larry Heinzerling
Associated Press
Johannesburg
South Africa
Soweto
West Germany
California
The
Sunday Express
Cape Town
Durban
Kenneth Kaunda
Zambia
Do Nothing Party proposed in conservative satire
James J. Kilpatrick jokes that a Do Nothing Party could replace a failing GOP. The piece imagines a rocking chair symbol and a creed of less is more, praising inaction in economy, labor, subsidies, and diplomacy while lampooning politicians and bureaucratic excess.
MENTIONED IN THIS ARTICLE
James J. Kilpatrick
Republican Party
Do Nothing Party
Also Mentioned on This Page
Business Mirror
Walas
Cdthy
Jang
Merry
Capitol Hill
Central Intelligence Agency
Office of Security
Police Department
Roy E. Blick
House Intelligence Committee
Middle East
Jordan
Hussein
United States
Mner
WNL
Soviet Union
AP News
Sahara
John Randolph
H. Humphrey
China
Taiwan
Peking
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