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...somewhat higher figure than the previous estimate of 4.2%. Though Greenspan expects growth to slow down this year, he sees no need -- for the moment at least -- to reduce interest rates further, which might rekindle inflation. For now, price increases seem under control. The Consumer Price Index rose at a 4.2% annual rate in January, down slightly from the 4.4% pace...
However, several higher education authoritiesdisputed Carnes's assertion, saying that theincreasing college costs reflect a need to improvethe faculty salaries and the higher prices forlibrary materials. Since the prices of the goodsand services colleges and universities purchaseare generally higher than the nationwide ConsumerPrice Index, colleges have to charge highertuition rates, they said...
Frisch has determined that if a woman weighs 10 to 15 percent below her normal weight, her reproductive cycle will be turned off. Doctors have even created a "fatness index," indicating the minimum amount a woman must weigh to be fertile. Women who become infertile can refer to this index to discover the weight they need to regain fertility, assuming nothing else is wrong, Frisch says...
...rising level of federal Medicaid reimbursement to the states, which helps pay for medical care for the poor, could be better controlled by pegging increases to the Consumer Price Index. The National Institutes of Health, whose budget has increased more than 50% since 1981, could withstand a 5% cutback without endangering vital programs...
Washington waged war on poverty among the elderly through two programs that helped rich and poor alike. Congress created Medicare insurance in 1965. In 1972 it voted a 20% increase in Social Security benefits and linked them to the Consumer Price Index in an attempt to safeguard retirees from the double- digit inflation that was devastating young families. In 1980 alone, payments increased a record 14.3%. Now each month 91% of those 65 and over receive benefits totaling $13.6 billion. The percentage of elderly people living below the poverty line has been cut from...