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About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (Oct. 5, 1982)
Reagan blames unemployment on democratic predecessors LAZAR'S BAZAR New arrival skirts $5 off 164 w. Broadway 687-0139 COLUMBUS, Ohio (AP) - Pres Ronald Reagan, on the campaign trail again, declared Monday that inflation is the cause of today's near record unemployment and — once again — he blamed it all on his Democratic predecessors He also suggested that the nuclear freeze movement is be ing manipulated by people who want to weaken the United States Reagan said his comments were sparked by the appear ance of several hundred demonstrators where he spoke at a meeting organized by five veterans' groups "They were demonstrating in behalf of a movement that has swept across our country in spired by not the sincere, hon est people who want peace, but by some who want a weakening of America, and so are man ipulating many honest and sin cere people," he said In the prepared portion of his speech, Reagan said various reasons are given for the pres ent joblessness, but "in my own view the cause is one and one only: inflation.” Most economists would argue that rising unemployment has resulted, not from inflation itself, but from government policies designed to fight inflation by slowing economic growth Reagan s new chief White House economist, Martin Feld stein, made that point at his Senate confirmation hearing Sept 22, when he said those “who predicted that inflation would be reduced without rais ing unemployment have been decisively proven wrong." Since 1979, unemployment has been rising while inflation has been falling Inflation, as measured by the Consumer Price Index, has receded from This calculator thinks business. TheTI Student Business Analyst. If there’s one thing undergrad business students have always needed, this is it: an affordable, business-oriented calculator. The Student Business Analyst. Its built-in business formulas let you perform complicated finance, accounting and statistical functions—the ones that usually require a lot of time and a stack of reference books, like present and future value calculations, amortiza tions and balloon payments. It all means you spend less time calculating, and more time learning. One keystroke takes the place of many. The calculator is just part of the package. You also get a book that follows most business courses: the Business Analyst Guidebook. Business professors helped us write it, to help you get the most out of calculator and classroom, A [x nverful com I >i nat ion. Think business. f y With the Student \ ; Business Analyst. Texas Instruments 13.3 percent in 1979 to 12 4 percent in 1980, 8 9 percent in 1981 and an expected 5 percent to 6 percent this year Average unemployment, on the other hand, has been climb ing — from 5 8 percent in 1979 to 7.1 percent in 1980, 7.6 per cent in 1981 and an estimated 9 5 percent this year Reagan said his administra tion has "brought inflation down, and interest rates are fol lowing." He did not say why unem ployment remains high — it was 9 8 percent in August — but has said in the past that unem ployment figures are the last to improve when an economy comes out of recession. Reagan was on a campaign trip for two Republicans who are trailing their Democratic op ponents in Ohio's gubernatorial and U S. Senate races. Reagan told the veterans, “I'm not here today to cam paign,” but he made a pitch anyway for Rep Clarence "Bud" Brown, R-Ohio, who is running for governor against Democrat Richard Celeste Prison inmate confesses to murdering 25 DAYTONA BEACH, Fla. (AP) — A mannerly, clean-cut prison inmate has confessed to mur dering 25 women in Florida, and investigators say they are still trying to piece together evidence that may link him to slayings elsewhere Gerald Stano. 31, admitted many of the unsolved killings during two weeks of intensive questioning, said Sgt Paul Crow of the Daytona Beach Police Department, the chief investigator in the case "There will probably be some more," Stano was quoted by the Orlando Sentinel on Monday. "Ninety-eight percent of the cards are on the table now tor Florida." added Stano, who is serving three consecutive life terms for three of the slayings "I'm hoping that it will all be over within a month to two months." Stano is said to have given details about locations and causes of death that only the killer would know A former motel clerk and cook from nearby Ormond Beach, Stano has also been Implicated in 10 to 12 other unsolved murder cases Police believe he could become the deadliest mass murder in the country if all of his confessions are verified Stano reportedly has told police he killed tour to six women a year since 1969 But Crow cautioned that Stano Isn't always truthful New Copy Shop! copies Self-Service! Opening Special! Krazy Kats 1219 Alder