Show Y i Ai A Economy on the upswing i r If f 1 I 1 After very little but bad news for a al along along l long ng time it would appear that signs of economic recovery are beginning to show up Unemployment rates have slowed and appear to be levelling off New car sales are up indeed in February 1975 auto sales were higher than in February 1974 Business inventories inventories in in- are decreasing and this usually signals a trend toward increased increased increased in in- creased production of goods Wholesale prices have gone down in each of the thelast thelast thelast last three months for the first time since 1967 This will tend to stimulate more buying at the manufacturing level and will tend toward lower retail prices in the next few months And ever since the first of the year stock market prices have been moving up an indication that investors are gaining more confidence in the fu future 1 e. The bad news however comes not from the private capitalist section of the economy It comes from the government socialist area of our economy Perhaps as clear and concise an explanation as to why the news is bad from government is explained in inthe inthe inthe the April issue of Readers Digest magazine by Secretary of the Treasury William E. E Simon Simon talks sense when he declares that the only way out of our economic woes in the long run is for the government itself to cut expenses expenses expenses ex ex- ex- ex drastically Big Government has become Bad Government writes Secretary Simon because of what it has done to our economy and to our personal freedoms Congress can cut government ex ex- ex pense It His is time to do it it now I |