OCR Text |
Show Ml . lir S. ill I ..i k I I nluiii' Sunils, '7'v. y feRAFiriTH .'V M' i) iiih-- mov mg in Cities Revenues Fall Behind Expenses - Hie iAI'i have jusl about readied the bottom of ttie fax barrel, while Hit prices they pay for everything from paper dips to sipiad cars keep going up, according lo a congressional study A staff report prepared for the .loint Kconomic Committee and released Saturday said that during the pasi itiree years, city budgets liaxe been low on resources while spending pressures mounted This year the pressures are evidently more intense, the report said. "Ierhaps the most disturbing is that for l'J82 cities are lindnig projecting virtually no growth in revenues 'For cities of all mps, revenues are expected to increase by an average of only 1.3 percent," the report said "At present rales of inflation, this would mean a reducWASHINGTON s cilu-- WHtfT PEOPLE MISS. I r THfSu6"RBS MO THE l Tf-Alf-iJ nu-lio- s turn of iiporoximaiely 6 percent m real terms "At the same time, however, current expenditures are projected to grow at an average of 7 8 pereent, about egiial to the anticipated rate of inflation," the report said "As a result, cities are increasingly subject to "cash squeezes and current deficits The Consumer Brice Index for x- -t - ignore the "downbeat chorus" criticizing bis economic recovery program, advised 11.3 million mi 'mployed Americans Saturday to hang in there" and wait for Ills program to work Reagan, m Ills weekly radio address, was harsh in dealing with liis Democratic critics two weeks before the Nov 2 congressional lections. Speaking from the Camp David presidential retreat. Reagan ad vised the largest percentage ol unemployed Americans since the (I real Depression: know from Hang in there personal experience how (ought it can lie. But don't give up. And don't listen to those ciepe hangers who are howling like a dog sitting on a sharp rock. "I'm saying the downbeat chorus were being subjected to by so many these days can rob us of our courage. We must not let that happen," he said Things Being Done They howl, but they haven't proposed one thing they'd do to make things better The truth is things are being done, with no help rum them And things are getting better " In the Democratic response to Reagan an hour later. Sen Bill J said: "I agree Bradley. with the president that we need economic growth, but I disagree thai his polieies are the answer "It's tune to try a different approach, one with balance, not a gamble, one that will give Americans a renewed sense of direction ami purpose. There is an alternative to both the policies of Ronald Reagan and the policies of big spending and lug taxing " Bradley said he and other Demo erats are proposing a "sweeping lax reform that would make our I D-- , resident Announcing the We request CRUISING LAKE POWELL J.G. "Jimmy" Formerly With Hotel A YEAR YS 50-f- BOX SPRINGS BED FRAMES (student) LAMPS NIGHT STANDS $54.95 DRESSER DESKS IS4.H CHEST $39.50 $4.00 up $45.00 tZ $190.00 HOLIDAY CRUISES Reg. Hours After Grand Opening 1 or 363-173- 5 972-403- . $78.40 $19.50 DRAWERS OF $16.50 $4.50 1. $12.50 PICTURES Of' XE CHAIRS $10.95 $24.95 49 East 900 South Franklin 1 T-T- END TABLES VISIT OUR BOOTH NUMBER 425 Rotating computer schedules for complete details contact ... $65.00 U, $24,95 $79.95 REG. ARMCHAIRS CARPET SOFA & LOVE SEAT $85.00 QUEEN $19.50 IM.tJ BARREL CHAIRS on LAKE POWELL (Hotel Firm) MATTRESS SINGLE DRESSER HOUSEBOAT FREE as he lias in the past, Reagan said. "Unemployment such as we have now is a terrible thing, but it may not be our No. problem. Our No. problem may be fear fear that we re adrift, that there is no plan, that no one is doing any thing to make tilings better i DRESSER DESKS Register for DRAWING Roosevelt (owner) Sales Inc. SAT. OCT. 16, Hours 9 A.M. to 7 P.M. SUN. OCT. 17, Hours 10 A.M. to 6 P.M. Experience Lake Powell aboard your own luxurious t inland cruiser without the hassle ol maintenance, time or attention Take atxjdid only your food, bedding arid personal items 7 lull days in 2 ditlerenl seasons Accommodates 8 adults royally Ideal floating family vacations Ample deck spacetull galley Easy to pilot (even novice) radio telephone 3 NIGHTS pdoddiij Austin's Hotel Furniture Austin the pleasure of your company income lax system fairer, simpler and more efficient, with fewer loopholes and lower rates for all Xmeneans " Reagan told the jobless ' Now Tin not just whistling past the graveyard, nor am I trying to belittle the grief and pain that you. who through no fault of your own. are out of work. Helm of Roosevelt Filming cities, the report added The findings indicate that smaller cities thut have been considered relatively free of the urban blight and economic distress of the big metropolitan areas are now running rapidly into Hie same IPgdGdDdg Reagan Fells Jobless To Hang in There I of cities running deficits is found among the larger cities, (tie fastest increase in distress is among small August, the last month for which it is available, showed inflation for the first eight months of the year at an annual pace of 5.1 percent. The report said that two out of every five cities surveyed reported their operating expenses and payments on debts exceeded their income in 1981, and 59 percent are projecting deficits for this year. Although the highest proportion m-- fa 14-DA- I i 1 W ASH MTK )N Iresi dent Reagan, urging Americans to llic I'cpoil ulo said stales arc many cases to help cities with ' venue shortages but that ev en those states willing to help w ill mil be able to keep it up for long Stale aid was found to lie the fastest growing component of total revenue growth for cities in 1981, increasing an average 10.2 percent Bui property taxes, already the largest single source of city income, shot up an average 10 percent, a rale that cannot lie sustained "In 1981, federal aid as a proportion of total current revenues fell for all cities Horn an average of 9 8 percent to 8 0 percent," the report said 17. HW2 r OPEN MON-SA- P.M. 9:30-- 6 T Distinctive Furniture From Major City Hotels 8 3K Reagan said mprovements in inflation, interest rates, increases in real wages and savings and in retail sales and the stock market are part of a "plan that is working and offers hope to you who are unemployed " The latest piece ol good news, he said, is that the producer price index dropped of a percent last month, for an average of only 3.1 pereent so far this year. Reagan said that is another step S' fflgBKlR ITUM. one-tent- h toward "the inflation-proo- f economy we're all woiking so hard for." But he acknowledged the economy is still in trouble and again blamed past administrations for the recession that has increased unemployment by more than 3 million since he took office. "It takes more than 21 months to undo the piled up damage of more than 20 years, Reagan said. The speech, one of a series Reagan has given since unemployment figures were released showing that Kl.l percent of the work torn was jobless in September, echoed his Wednesday night address to the nation cassette (5 Price Toysl ISOFfeher on over Recorder real tape recorder, designed just for kids1 includes activity taoe with fun suggestions A SALE Fisher-Pnc- more from 3888 j Qr, ei KINGS MAGNAVOX FALL SALE! Magnavox 19" Color TV v. friend Mandy. My &: 17 97 ea. REC. SALE t 'f.i 4. r. "PltC l Here's how lo ret eive up lo S05O on Tape and Book Phonograph REC 39 97 SALE 2E88 Riding Horse Assortment REC. 7.97 rec. 588 SALE 22 99 SALE It VQP flagg 17 Fisher Price Toys: '.!-- ' P" n r.v receive $2.00. Magnavox ,W !'icrf-- :5; EXTRA EARLY BIRD BONUS 8uv Fashion Place Mall - "ie comtieiea send your euuer the eaLj'-ec: Himtior frin Pirn SuhP 3 iMf' em-- u.rc'w Pore nv rec.is.99 a Play Family )QQ Jet Port REC. 1796 SALE I A Pretty Purse My 8 97 SALE Bfl1 7 j P.0 0 754 BOX APPROPRIATE MT o gn tcv 3 gjeg y t: ya nut C' $6 Fisne Puce $ i,me ct ',rj yvj SC MAIL TO: FISHER PRICE CHRISTMAS CHECK THE nc-.- :ne: 1 Cnrvtmai 'PD'len f0r $2 $3 VO'jf tnis on vcur next Durcn.ice RECEIVE . coefs tne p?i receDt'S' 24 Piece Kitchen Set 'I 0' more ;isner P- -'e ll.) Nc.'e,i,ber '$ receive $6.50. 3 BEFORE SO r.-.- ana nukl J'f C s BONUS PROSPECT. ILL 60056 BOX: m un early 0i'0 Pif.ive send Chnstmas Borus Puce Please send my $$ s; Please send nn CS 00 ris:if F'Ch-- ' P''fPifjie vpnfl my ' oner Pnrf my Sb SC Christmas Christmas Chrisim Ban.,' Bonus Bonus rec 8 49 SALE 6 qq Sea Shark REC. 11 99 SALE Peek-A-Bo- 8" REC. SHOP MONDAY THRU SATURDAY 10AM til 9PM 145 W. 7200 iwiiNdHrMLSI JOHDV.N Mill losju.noiv .r ..i NEXT TO SAFEWAY MIDVALE 96 SALE PRICE5 ON SALE ITEMS EFFECTIVE OCTOBER 17 ri. Baby o 5 - . j. a ill gC ,'kJ A 3?" t Jj ' V 'F ; c" S v . N f 'S ' I I t ri b I I I i p ,mj W,' i n j I', I I I I I I I I I I I I I I I I Vy name Color with Yarn I y I I w- "i.i ? receive $5.50. programmable 262-593- y 3.iv i 8 hour KINGS MAGNAVOX e.is: 22$ 1: Buy 2 C 'iK i receive $3.00. VHS I j y. ? 1 I I I I I I J 20. 1982 SUNDAY 11AM Yes! You Can Charge it! til 5PM SOUTH Satisfaction is Our Coal! N(. uicblHiv Simply IP tu n vmu Durrh.i-.with fnujin.il r.irtnn X ii'fPipf r'),n iiv'ih y w hMili-i- j it i.t ir .( v I t 4 v aV |