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Newspaper
Wellington Leader
Location
Wellington, Texas, United States of America
Date
Dec 31, 1981
Page
2
An insurance agent frames a cautious 1981–1982 economic outlook with a modest rebound expected in mid 1982 and a stronger second half, then pivots to promoting Farmers insurance plans with easy monthly payments, cost cuts, and fast friendly service.
The piece analyzes sobering but hopeful 1981-82 US economic prospects, noting a rebound potential in late 1982. It highlights effects of the Economic Recovery Tax Act of 1981, tax changes, and anticipated shifts in deficits, inflation, rates, and employment. Key figures include Budget Director Stockman and the Reagan administration, with expectations of improved capital formation, housing, and manufacturing later in 1982.
A prospective 1982 economic scenario notes wage offset from payroll taxes and upcoming income tax reductions that raise take home pay after midyear. It forecasts higher Social Security taxes next year, modest consumer gains, and stronger corporate profits aided by lower taxes, with limited improvement for agriculture amid gluts in supplies.
Eastern New Mexico University rushing star Beck earns NAIA first team honors after a 1,272 yard season and 54 points. Fenstermaker sets ENMU receiving mark with 8 TDs. both players highlighted for the Greyhounds football squad.
Notable names including Truman Estes Mrs. Joe Birchfield Larry Ware Jerry and Sherry Risley Enid OK F C Moore San Bernardino CA Boyc Bartenbruch Sunset TX Tom C Nash Pampa TX Ted O'Neil Whitney TX Michael O Hair Hoods TX appear in a regional notice listing individuals across Texas and Oklahoma. The fragmented text hints at a community roster or event participants connected to multiple locales.
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