The Salina Journal from Salina, Kansas on January 1, 1986 · Page 8
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The Salina Journal from Salina, Kansas · Page 8

Salina, Kansas
Issue Date:
Wednesday, January 1, 1986
Page 8
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Car imports drive trade deficit up WASHINGTON (AP) — The U.S. trade deficit soared to $13.68 billion in November, the third highest total on record, as imports of foreign cars jumped by almost 40 percent, the Commerce Department reported Tuesday. The deficit was up 19.5 percent from the October figure of $11.45 billion, with analysts attributing part of the acceleration to efforts to beat upcoming price hikes on imported goods caused by the falling value of the dollar. With one month left to go, the trade deficit for ^1985 totaled $131.8 billion, already higher than the record $123.3 billion deficit for all of 1984. Analysts said they expect the deficit for all of 1985 to top $140 billion, with a $150 billion imbalance in 1986. The country's disastrous trading performance is blamed for a loss of more than 1 million jobs and has led to congressional efforts to erect trade barriers to protect domestic manufacturers of everything from textiles to waterbeds. The Reagan administration has opposed these protectionist trade barriers, arguing they would trigger retaliation by other countries. It has chosen to work with major U.S. trading partners in an effort to lower the value of the dollar on foreign currency markets. More than half the deficit problem is attributed to the high dollar, which makes imports cheaper and U.S. exports more expensive. Many analysts said that while the country may now be living through the darkest days of the trade imbalance, it will probably be next summer before any substantial improvement is noted. "I think the deficit will be running in the range of $12 billion to $14 billion for the next three to six months before we start to see some improvement in the late spring and summer," said David Wyss, an economist with Data Resources Inc. Michael Evans, head of a Washington forecasting firm, said the first declines in the dollar beginning last spring did not have much of an impact because foreign producers simply decreased profits rather than raise prices. However, he said, the concerted effort announced by the administration in September to drive the dollar lower had triggered "substantial price increases" that will begin to take effect in January. The Salina Journal Wednesday, January 1 1986 Page 8 Man found guilty of shocking boys in makeshift electric chair MILES, Ohio (AP) — The man who police said kept a makeshift electric chair in his home for thrill-seeking youths pleaded no contest Tuesday to reduced charges of attempted hazing, a minor misdemeanor. Municipal Judge Charles Zubyk found Richard Ely, 38, guilty and fined him $100 on each of two counts. Ely, a former substitute teacher, had been charged with three counts of child endangering, which carries a maximum six months in jail and $1,000 fine for each count. Ely was arrested last October by McDonald village police who had search warrants. Police took the chair, a cross, wiring harness and 232 photos of 36 boys being shocked. Police Chief Jim Tyree said the boys, ages 13 to 20, had considered the shocks a game. Natural disasters devastate Americans WASHINGTON (AP) - Nature was unkind to the nation in 1985, with major natural disasters hitting three times as many families as the average of the past five years, the government said Tuesday. President Reagan signed 27 major disaster declarations during the year, which was just three above the five-year average. But the catastrophic flooding, mudslides, hurricanes, fires and freezes were severe enough to send 145,000 American families in search of federal disaster aid, the Federal Emergency Management Agency said in its yearend report. The federal commitment for various types of aid totaled nearly $1.5 billion. Since 1972, when tropical storm Agnes ravaged the South and Mid- Atlantic states, only two other years — 1977 and 1979 — have seen more families applying for federal disaster aid, said FEMA spokesman Bob Blair. The 145,000 aid applicants in 1985 contrasted with 42,000 the year before, 34,000 in 1983 and 43,000 in 1982, Social welfare costs $641.7 billion in '83 WASHINGTON (AP) - It cost federal, state and local governments $641.7 billion in fiscal 1983 to run all social welfare programs, from public schools to pensions for the elderly to food for the needy, the Social Security Administration said Tuesday. The spending on all social welfare programs was $45.8 billion higher — 7.7 percent — than in 1982, but these services consumed the same share of the Gross National Product, 19.4 percent. Taking inflation into account, the social spending rose by 3.9 percent above the 1982 figure, according to a brief report by Ann Kallman Bixby of Social Security's Office of Research, Statistics and International Policy. The social welfare programs accounted for almost 55 percent of all government expenditures. State and local governments spent a larger share of their budgets on such programs than the federal government — 61 percent compared to 52 percent. In 1950, governments spent only 37.4 percent of their budgets attending to the health, education and welfare of citizens, and the programs consumed only 8.2 percent of the Gross National Product. By 1970, the programs claimed a 48 percent share of government spending and cost almost 15 percent of the GNP. Social welfare spending as a per- centage of all government expenditures peaked at 60 percent in 1976, when the programs cost 19.3 percent of the GNP. Since then, the programs' share of governments' budgets has declined to 54.8 percent. As a percentage of the GNP, the social welfare expenditures dipped to 17.8 percent in 1979, then moved back up to the all-time high of 19.4 percent in both 1982 and 1983. The 1983 spending of $641.7 billion broke out this way: • $330.6 billion for social insurance, including Social Security, Medicare and other government pensions; • $141.5 billion for education; $85.8 billion in public aid, including Medicaid and such welfare programs as food stamps, Aid to Families with Dependent Children and Supplemental Security Income; • $36.9 billion for other health and medical care; • $25.8 billion for veterans' programs; • $9.1 billion for housing; • $12 billion for assorted other services, including vocational rehabilitation, institutional care and child nutrition. In 1950, the total bill was $23.5 billion, with the federal share at $10.5 billion and state and local governments spending $13 billion. The COUGAA SPA STRONG AND BEAUTIFUL SPECIAL PRICE $ oo Suggested Retail $3/199.00 Limited Number Available At This Price 2500 Features •4 Adjustable Jets •1 Foot Massage Jet •25 Sq. Ft. Filter •Contour Seating •Convenient 120V/240V Pre- Plumbed Equipment •Tongue and Groove Redwood Skirting MK Carpet Warehouse 2816 Centennial Road — 827-8755 SUNDAYS or AFTER HOURS CALL: 825-0377 827-7407 825-2147 Include: •Spa Light •Tough, Durable Doratec Construction •Foamed for Insulation — R49 •Rotationally Moulded •Colors: Bone, Terra Cotta •6'6" x 5'10" Wide - 29" Deep he said. The worst U.S. disaster of the past year was in Puerto Rico, where massive flooding and mudslides in May and October displaced thousands of people and caused 72,200 to seek federal assistance. FEMA, which coordinates disaster relief activity for all federal agencies, estimated federal aid to residents of the U.S. commonwealth at $169 million. Most of the year's disasters involved flooding, although fires that scorched thousands of acres in Cali- fornia and a freeze that devastated Florida's citrus crop also took heavy tolls. "The fact that 331 counties were designated as disaster areas is clear warning that no community is immune from disasters," FEMA Associate Director Samuel W. Speck said in a statement. "People should realize it can happen to them and that should be motivation for increased public support for state and local emergency management agencies." Florida and New York had the most federally declared disasters. Associated AllercistsJIA, D.L. Palmer, M.D. F.J. Rowe, M.D. C.A. Sleeper, M.D. For the evaluation and treatment of sinus, asthma, hay/ever, recurrent bronchitis, ear infections, headaches and sore throats due to allergies. NEW OFFICE: 714 S. Ohio Salina, Kansas Call 1-800-362-1181 for appointment This may well be your last opportunity for this offer. NEW YEAR'S DAY 1 PM-5 PM '**-i%. <r. ££>-', - .I ONLY iti 'Mi mm yfwti. 'TIL MID APRIL 1986 v OPEN •<•••''.. Diily 9:30-5:30 Thiirs. 9:30-8:00 Sat. 10:00-5:00 CLOSED SUNDAYS SEALY BEDDING * WATi 0S. 9th • Salina,Kantat • Phon» l !913) 827-8893

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