Category: Uncategorized

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

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

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

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

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

Uncle Sam manages a mighty big financial operation and needs to look to his collection of loans and other debts just as successful business operators must do. This is the idea behind a drive in the U. S. Senate for toughened collection policies which Sen. James Sasser, D-Tenn. says could make a $16 billion difference… Continue reading Let’s Toughen Loan Recovery

“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

What happened to the concept of assuming public office for the service and leadership one can offer. with the lesser emphasis on financial reward’? In recent day’s we’ve seen: (1) a drive (defeated for the present) to raise congressional pay from $60.662 to $70,000; (2) our Supreme Court and federal judges find a loophole for… Continue reading Service to Republic cr Factor

It was to be the “War to end wars” and to “Make the world safe for democracy.” That’s what the doughboys of t-he American Expeditionary Forces thought as they entered World War I in France in 1917 and helped turn the tide for the allies against the Germany-led central powers. The armistice of Nov. 11,… Continue reading Veterans Day

Early in President Reagans administration when there was hope for ending the long string of federal budget deficits. many lawmakers vigorously condemned red ink spending at a congressional hearing on a new raise of the debt limit so the government could pay its bilz “The plain fact is that we vnminust pay the bill for… Continue reading It doesn’t matter who’s at
fault, just fix the budget