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Our Freedom’s Your Freedom

National Newspaper Week which starts today provides a good opportunity to underline the public benefits of a free press. Theme for the observance, “Our Freedom Safeguards Your Freedom,” stresses an important truth. The symbol is a close-up, stylized head of the Statue of Liberty with a background symbolic of newspaper type and copy from the… Continue reading Our Freedom’s Your Freedom

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Time for Car Theft Cruckdown

The American motoring ublic is being taken for an xpensive ride by widening ofor vehicle theft. Sen. Charles H. Percy, -Ill. called vehicle theft ne of the nation’s “few owth industries” in a ongressional Record tatement. “During 1979 close to 1.1 illion vehicles were tolen,” Percy said, “with he theft rate increasing an larming 10.6… Continue reading Time for Car Theft Cruckdown

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When D0 Budget Deficits End?

Groucho Marx once defined politics as “the art of looking for trouble. finding it everywhere diagnosing it incorrectly. and than applying the wrong remedies.” The definition sounds zany, but in a way it has ape plication in Washington? handling of certain phases of the economy. Inflation is a case in point. – Economists repeatedly say… Continue reading When D0 Budget Deficits End?

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Tuxes Fastest-Rising Expense

A Wall Street Journal eport has confirmed what nost people probably uspected: Taxes are our astest – rising costs and iiggest inflation item. at east for “high budget income” consumers. The publication quoted .abor Department figures ihowing the largest rise in costs nationally for the ieriod 1967 to 1979 came in iersonal income taxes l22.9… Continue reading Tuxes Fastest-Rising Expense

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U.S. Productivity Fcills Behind

Productivity improvement is a weapon too often overlooked in the continuing fight against inflation that eats away wages and savings and weakens the economy. Rep. Elliott H. Levitas, D-Ga. had some pertinent things to say on the subject in Congress recently pertinent because U. S. productivity leadership has declined since World War Il and the… Continue reading U.S. Productivity Fcills Behind

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Lame Ducks Owe Answers

The decision of the Democrat- controlled 96th Congress, now in recess, to hold so many major bills for a post-election (lameduck) session leaves voters with some questions to ponder, including: – Why delay until after the five-week election break such vital economic issues as final approval of the fiscal 1981 federal budget which under law… Continue reading Lame Ducks Owe Answers

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Time to Look at Productivity

Declining productivity is one of the spokes in the economic wheel that needs attention in America’s fight against inflation. The .S. Labor Department announcement says productivity slipped a disappointing 0.9 percent during 1979 – only the second tinie since 1947 that measure of the economy’s efficiency has declined over a full year. The last such… Continue reading Time to Look at Productivity

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Let’s Exahiine Japan Example

U.S. labor costs continue to climb while Japan’s remain fairly constant – and a Wall Street Journal reporter’s analysis interprets this as significant in the influx of Japanese cars, steel, and other wares into America. A journal chart shows American unit labor costs in factories rising from 100 to 140 on a scale for the… Continue reading Let’s Exahiine Japan Example

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Home Ownership Dream Dims

“The cost of buying a home in the United States has more than doubled while Jimmy Carter has been president” This statement by Rep. James G. Martin, R-N.C. in the House of Representatives dramatizes one of the saddest angles of the inflation surge of recent years. Families who pursue the American tradition of home ownership… Continue reading Home Ownership Dream Dims