The BG News March 3, 1983

Bowling Green State University ScholarWorks@BGSU BG News (Student Newspaper) University Publications 3-3-1983 The BG News March 3, 1983 Bowling Green State University Follow this and additional works at: https://scholarworks.bgsu.edu/bg-news Recommended Citation Bowling Green State University, "The BG News March 3, 1983" (1983). BG News (Student Newspaper). 4108. https://scholarworks.bgsu.edu/bg-news/4108 This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License. This Article is brought to you for free and open access by the University Publications at ScholarWorks@BGSU. It has been accepted for inclusion in BG News (Student Newspaper) by an authorized administrator of ScholarWorks@BGSU. THE THURSDAY BOWLING GREEN STATE UNIVERSITY MARCH 3,1983 mi*m WB!?S!F Economic indicators highest in three decades WASHINGTON (AP) - The govern- dence that the United States economy level as recently as last July. percent in January, the second gain in ness expansion from the fourth quar- But a long string of increases - such ment's main economic forecasting is rapidly gaining strength." three months and a new indication the ter of last year to the fourth quarter of as the present 10-month run, brown 5auge snot upward 3.6 percent in Adding to the day's good news, IF ANYONE still doubted the na- recession is over. 1983. only by moderate declines last June amiary, the biggest gain in three Commerce officials said in a separate tion was pulling out of the 1981-82 Baldrige, commenting In a and August - would seem to indicate a decades and an apparent new sign the report that sales of new single-family recession, Baldrige said, "There has statement distributed by aides, cau- ECHOING THAT opinion, Alexan- sustained upturn, baaed on past expe- nation's recovery from recession may houses jumped 9.9 percent In Jan- never been a gain in the leading index tioned that the January figures der Trowbridge, president of the Na- rience. be more robust than many have pre- uary. in the past this large without an "should not be taken as a sign of a tional Association of'Manufacturers, dicted. with lower Interest rates raising economic recovery." coming economic boom" since the said yesterday, "Based on the Jan- Increases included a January Commerce Secretary Malcolm Bal- demand for new houses, builders The January gain in Commerce's index was pushed up by special fac- uary numbers, we think we can revise In building permits, a jump in new drige called his department's report raised their prices, too, that report Index of Leading Economic Indica- tors such as unusually mild weather upward our estimate of real growth in businesses, a rise in stock prices, a yesterday "highly favorable" for re- said. The median price of a new house tors was the fifth monthly increase In and a new type of bank account that 1983 to a level of about 3.5 percent to 4 drop in workers' initial claims for covery. And a national business group reached a record $75,500. a row and the largest since the 4.1 swelled the measured money supply. percent, which is up over our earlier unemployment compensation and im- quickly raised its own forecast of 1983 But the new sales increase was still percent of July 1960. Most economists already were as- estimate of 2.5 percent to 3 percent. proved showings for sensitive materi- US. economic growth. another clear sign of economic recov- The index, a compilation of 12 eco- suming an economic rebound had "So things are looking better," he als prices and the speed of business President Reagan called the report ery, especially for the long-depressed nomic measures, is designed to show begun, and Secretary of Commerce said. deliveries. "a bright green light for recovery." housing industry. January's sales - trends of the whole economy. In addi- Robert Dederick had said Tuesday A single month's gain in the index is In a statement issued from his ranch 576,000 computed at an annual rate - tion, the accompanying Index of Coin- the recovery almost surely will be not considered significant - it rose The only negative indicator was a in California, the president said the were the highest since September 1980 cident Indicators, designed to stronger than the administration's last February though the recession drop in orders for new plants and figures provide "compelling new evi- and were up a full 58 percent from the measure current conditions, rose 0.6 forecast of a 3.1 percent overall busi- had nearly a year to run. equipment. Ceiling Legislation may put lid on earnings by Carolyn Van Schalk staff reporter Bowling Green city workers are showing signs of concern over legislation now before city council. The legislation Is based on the Clemens and Nelson Wage Plan, which resulted from a survey begun BG News Photo/Patrick Sandor in 1981. The plan may result in a Sun Deck Jonl Miller, a graduate student in the business-program, suns herself as the temperatures rose Into the high 60 s ceiling on the amount of money an yesterday. Miller, who works as a secretary m the Student Services Building, often uses h«» lunch hour to get a head employee can earn In a specific job •tart on a summer tan. classification. City employees are upset because the plan will eliminate all raises ex- cept cost-of-living raises, Mayor Bruce Bellard said. Critics appeal case "It sets some limits on how much a person can make," Bellard said. CIS. leads U.S.S.R. Speaking for city employees at last week's council meeting, police officer WASHINGTON (AP) - The United on research, an increase of $4-8 billion Tom Davidson said, "Let me say, as a City wants power plant States leads the Soviet Union by a 15-1 over this year. representative of all city employees, margin In basic technologies that A chart included in the report rated that we are strongly opposed to both "have the potential for significantly the Soviet Union ahead of the United the Clemens and Nelson Study and the by Erin Esmont year before a decision is handed make a profit, they must charge changing the military balance in the States only in conventional warheads legislation now before you." staff reporter down. higher rates in order to pay back next 10 to 20 years," a Pentagon and ammunition. Davidson said city employees are regular bonds and stockholders like opposed to the cities used for compa- reportr says. The United States and the Soviet The city of Bowling Green is pres- "IF THE Ohio Supreme Court any other company," he said. 'This indicates that the United Union were described as equal in four rison purposes, what they contend are ently involved in an Ohio Supreme upholds the Franklin County ruling, In the event that the decision is States has maintained its lead in most areas of the most important basic Inaccuracies in data collected by Court appeals case to determine the the cities involved will be able to upheld, Bellard said that power from of the basic technologies critical to technologies - "directed energy," Clemens and Nelson, and the pro- legality of purchasing a power plant. purchase the plant and begin issuing the Poston plant would still be sup- defense, although the Soviets are which includes research on laser posed elimination of longevity pay. Mayor Bruce Bellard said yesterday. bonds, and we can buy electricity a lot plied through Toledo Edison's power eroding the lead in some of the basic weaponry; nuclear warheads; aero- In an effort to reduce high electric cheaper," he said. technologies," Richard DeLauer, un- dynamics; and mobile power sources. HE ADDED city employees are costs, Bowling Green. Cleveland, St. "We are a very different commu- "THE PRACTICE of using Toledo dersecretary of defense for research In addition to the stealth technol- opposed to the outdated nature of Mary's and Wadsworth are trying to nity in that we own our own electric Edison's power lines, but not their and engineering, said in his annual ogy, the report said the United States material in the study. According to acquire ownership of the partially system and we charge the residents power is called 'wheeling rights' - the report to Congress. is ahead of the Soviet Union in com- Davidson, "Clemens and Nelson be- built Poston power plant on the Ohio for what it costs the city." rver is wheeled through their lines," One of the key technologies In which puters; computer' programming; gan their salary survey in June, 1981 River, he said. He added that the only thing the city said, adding that they would pay to the United States is ahead of the aerospace propulsion; lightweight and it has a date of completion of The Ohio Revised Code states that it cannot do is produce its own electric- use the lines. Soviet Union involves "stealth" tech- and high-strength materials; subma- July, 1982." is not legal for cities to own power ity. Roger Buchrer, a spokesperson for niques that are expected to allow rine detection; telecommunications; Bellard agreed there are some plants, he added. "By owning part of the power plant, Toledo Edison, said that their number development of bombers, cruise mis- and radar sensors. problems with the ordinance as it On December 29, 1982, Franklin we can manufacture or produce elec- one concern is to try and keep Bowl- siles and fighters that would be vir- The United States also leads the stands. County Common Pleas Court Judge tricity for our cities, and this would ing Green as a customer.

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