Word: bumpers
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...part, the Saudis have hired a high-priced Washington consultant, Frederick Dutton, but efforts on their behalf have generally been quieter. Says Dutton: "The Saudis take the position that this is a battle for the Administration to fight, not them. If I had my way, I'd have bumper stickers plastered all over town that say REAGAN OR BEGIN...
Miami's 500,000 earlier Cuban immigrants, most of whom are now well assimilated, are growing increasingly hostile to the new arrivals. The term Marielito itself has become a fighting word in "Little Havana," the teeming, prosperous Cuban community in Miami; there are bumper stickers proclaiming NO ME DIGAS MARIELITO (Don't Call Me a Marielito). Says Bernardo Benes, a Cuban-émgré banker: "When I see Marielitos, I see numbers on them like the Jews in the concentration camps. There is a terrible lack of compassion for these people...
...proposed two weeks ago. The Senators contended that he must also take an additional whack out of entitlement programs, such as Social Security and Medicaid. The thought of any major slowing of the growth of Social Security benefits, however, frightens many House Republicans. Frets one: "I saw a bumper sticker the other day: SAVE SOCIAL SECURITY-VOTE DEMOCRATIC...
Nature was kind this year, perhaps too kind. As the last cuttings of wheat are taken from the plains, the projected bumper harvest of 75 million metric tons (2.8 billion bu.) will smash last year's all-time high. The corn crop, 202 million metric tons, will also set a new record. Total American grain production will hit 322.5 million metric tons, more than 50% greater than the Soviet Union's third poor harvest in a row. But the bounty is bittersweet: farm income has fallen almost 40% since 1979. All that newly harvested grain has sent prices...
Inflation. The board optimistically projects that price rises will fall from the 10.8% annual rate of the past three months to about 8% at the end of the year. A bumper crop harvest will hold down food costs, and the continuing ample supply of oil improves the energy outlook. Said James McKie, a University of Texas energy expert: "I think the prospect is for level or somewhat declining prices for oil unless there is some major supply disruption." Otto Eckstein, chairman of Data Resources, a business consulting firm, estimated that oil prices, after being adjusted for inflation, will fall...