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Show Page A4 Thursday, October 7, 1982 The Newspaper 9 trJMMNMNMMKNrMMKX A I AUTHENTIC MEXICAN I CUISINE I Monday-Friday 11:30-2:30 f I 5:00-10:00 Weekends 12:00-10:00 l WO MAIN STREET 6496900 atch defends GOP economics By Rick Brough The economy should make a strong upturn in September Septem-ber of next year, according to Senator Orrin Hatch. The recession has bottomed bot-tomed out, said the senator in an interview with The Newspaper. "We've seen a little improvement this past quarter," he said. But vigorous growth won't be seen for a year. Hatch said the slow, painful pain-ful recovery can't be blamed on the policies of President Reagan. "We're paying the price for 50 years of inflationary infla-tionary spending by the Democrats," he said. Also, Reagan's plan to stimulate the economy with tax cuts was diluted by Congress. Reagonomics is a big issue for Hatch, who faces a re-election battle against Salt Lake Mayor Ted Wilson. But he also touched on these other topics: The inflated federal budgets bud-gets of past years, he said, have been created by liberals liber-als pumping money into programs to buy votes. A nuclear freeze at this time will paralyze the U.S. in a position of military inferiority, in-feriority, Hatch contended. The senator said he has opposed the federal effort to place a waste dump in southern Utah, contrary to claims by opponent Wilson. People and businesses have been hurt the last two years, Hatch acknowledged, but the recession did not begin under Reagan. Over 4,000 businesses went bankrupt bank-rupt in the last year of Jimmy Carter's presidency, he said. "Interest rates were 21 V2 percent in 1980. Henry Kaufman, the analyst, predicted pre-dicted then they would go over 25 percent if Carter was re-elected," he added. "Now we've cut 15 billion in spending and interest rates are down to 13 percent." 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Anderson Emporium Lumber Attention, Hunters, Skiers and v Backcountry Travelers: til bUlU UbUlUbl uuvv ; twl 1 SHOP 4 & j (Jompark Plaza 1 block east of Anderson Lumber 649-1262 through the recession, Hatch said. Firms that have been reckless won't. "Of course, there have been some in the middle, like the home builders, who didn't bring this upon themselves." The poor should be provided pro-vided for, he said. The Congress extended the period per-iod for unemployment benefits bene-fits by 13 weeks more, said Hatch. "And we'll keep increasing it if things remain tough." To provide employment, Hatch said, he has backed a bill which provides job training programs designed by private enterprise. He has also introduced a displaced workers bill. (According to a release from Hatch's office, the bill would encourage employers to give early warnings of layoff; a panel would help workers look for jobs before they were laid off; and it would provide for experienced counselors to help the worker get his old job back or look for a new one.) Hatch turned to the White House's three-year tax cut effort to help the economy. The plan was undermined by a Democratic Congress, he said. "The first year's cut was deferred for 10 months and then cut in half," he said. "The planned cuts for 1982 and 1983 were both deferred six months." The first two years of cuts, he said, just make up for inflation. "The way'you get jobs is by giving incentives to '' - ' - H j with Rep. Jack Kemp (one of the bill's oponents), but practically with the president," presi-dent," said Hatch. "If he lost this bill he would be a lame duck." The senator said that 80 percent of the money in the bill $98.3 billion will be raised by covering loopholes. Orrin Hatch money by funding programs that don't belong within it, or by giving money to foreign citizens or high-income earners, he said. There is waste and corruption corrup-tion to be cut out of the defense budget, he said. But chopping defense isn't that easy, because only a small "I was at a 2V2'hour secret Congressional Congres-sional briefing on the military, and it was terrifying to some of these liberals when they realized what they'd done to our defenses. " stimulate investment." To this end, he said, business received several reductions. The tax rate on unearned income was chopped from 70 percent to 50 percent. Capital Capi-tal gains tax was lowered to 20 percent. Critics have said many corporations are using their tax breaks to buy up other firms. But Hatch said that is not necessarily bad. "If one company buys a firm that is going under, that's a form of investment," he said. Naturally, he said, it looks bad if Mobil Oil uses its funds to buy Montgomery Ward, instead of exploring for new oil. "But you have to look at it from their point of view." Mobil felt the need to diversify from the troubled oil market, he explained. "Any use of excess monies is a form of investment," the senator said. "It certainly does more than keeping them in money-market funds, which is what people did under Jimmy Carter." We asked Hatch about the Reagan's tax-increase bill, which has split the president from conservative supporters, suppor-ters, who say the measure compromises his tax cuts. (The bill is intended to curb large deficits predicted for the next two years.) "I agree philosophically "There is only $19 billion in real tax increases." Another way to cut deficits, defi-cits, said Hatch, would be to reduce the "entitlement programs" pro-grams" of payments to individuals, such as Social Security. The fat in the system, he said, was caused by liberal legislators who increased Social Security benefits to ostensibly keep pace with inflation. But the increases outstripped rises in the Consumer Price Index. "They were buying votes in election years," he said. If these "escalators" aren't restrained, the Social system will go into insolvency. insol-vency. Younger wage-earners feel they pay exorbitant Social Security taxes to percentage goes for new weapons systems. "A large proportion goes for maintenance main-tenance of equipment and personnel," he said. . "Actually, Russia determines deter-mines what we spend on the military." The senator said he supports sup-ports a freeze on U.S. nuclear weapons, but from a position of strength, not weakness. Defense has been weakened, weak-ened, he contended. It was 49 percent of the budget in 1962, and now is 27 percent. "I was at a 2-hour secret congressional con-gressional briefing on the military, and it was terrifying terrify-ing to some of these liberals when they realized what they'd done to our defenses." He supports the Senate photo by David Hampshire has 26 sponsors. "You can't get a mutually verifiable treaty from that," he said. Hatch indicated he doesn't always oppose liberal proposals. pro-posals. He said he voted for an amendment sponsored by Sen. Gary Hart (D-Colo.), to give states decision-making power over the storing of spent nuclear fuel in their borders. The Wilson camp claims Hatch has not defended de-fended state's rights on this issue. "They just haven't done their research there, Hatch said. As for the federal proposal to place a nuclear waste depository in the Gibson Dome area of southern south-ern Utah, "I came out against it right off the bat,'" he said. During his Park City visit, Hatch attempted to correct some old perceptions about his politics. He is not a loyal disciple of the Moral Majority, Major-ity, he told The Newspaper. "I don't support everything of theirs, and they don't support everything I do." At a KPCW interview, reporter Blair Feulner asked him if he had presidential ambitions. "The Senate is an enjoyable office for me," he said. "The talk of the presidency presi-dency comes from good friends who are trying to do me in." And finally, he mentioned there are social programs that he does like and support. "I back Home Health Care, pensions, Social Security, "I back Home Health Care, pensions, Social Security and the Job Corps. I'm considered a savior in programs for the handicapped. " support the present recipients, reci-pients, Hatch warned. "I've talked to the elderly in this state. They're worried about the youth not wanting to pay into Social Security, and they understand why the younger people feel that way." Social Security also loses resolution sponsored by Henry Jackson and John Warner, calling for the U.S. to establish parity with the Russians, then freeze and begin weapon reductions. Hatch said the Ted Kennedy Mark Hatfield proposal for an immediate freeze only and the Job Corps. I'm considered a savior in programs pro-grams for the handicapped. The present tough times, he summed up, are a necessary medicine. "We're going in a new direction. We're paying a price to get on our feet." City Council Upcoming n October 7 dbMUlIULoj o City Council of Park City will hold a regular public meeting in two sessions described below, on October 7. At City Hall in Park City 3 p.m. Work Session 1. Review of Land Management Code 2. Renovation of City Hall At Memorial Building in Park City 5 p.m. Public Hearing - An Ordinance amending Ordinance No. 82-18 to provide for the control of noise emanating from licensed beer and liquor establishments. AGENDA I ROLL CALL PUBLIC HEARING PUBLIC INPUT II MINUTES OF MEETING OF SEPTEMBER 30, 1982 III PUBLIC COMMUNICATIONS AND PETITIONS 1. Request from Kimball Art Center for a beer and set-up license for October 15, 1982 at Center. 2. Appeal from The Hot Tub Club to reverse denial of Class C beer license at the club lo- IV VI VII VIII cated at 1700 Park Avenue. 3. Request of Mountain Fuel Supply for easement ease-ment over city land to service Aerie Subdivision. Subdivi-sion. 4. Request from Utah Power & Light for utility easement for power line in city park in front of library. 5. Waiver of electrical permit in the amount of $10.50 for Wasatch Electric for cemetery lighting. 6. Plat approval of Silver Bird Condominiums located at Deer Valley. COMMUNICATIONS AND REPORTS FROM COUNCIL RESIGNATIONS AND APPOINTMENTS Appointment of Janet M. Scott as Deputy City Recorder. ORDINANCE An Ordinance Amending Ordinance No. 82-9 Setting Fees for Refuse Collection and Landfill to Eliminate City Control of Commercial Collection Rates. UNFINISHED BUSINESS NEW BUSINESS Hwy. 248 |