European Stars And Stripes (Newspaper) - December 29, 1986, Darmstadt, Hesse Monday december 25, 1986 the stars and stripes Page 5 economists predict further recovery in 87 Washin i h in i a i the United slates eco nomic Reco Ltd already the third longest m the postwar mod. Should Asl through i just. Although Ilma hi1 a hit shaky ill the beginning of the c in. A my Ciao Ulisis , Anasis arc Loving fur mod Crale ivnnomii1 Jar nth in m far. I cry similar in that of i he past two u lira out elements of the consensus Outlook ii owl will he enough i push i he Pinero pm Mem Giitl Down lightly along w uti Inie Reil Rales already Ai the lowest Levels of this Divide 31 Lens through the Lisl half Fth year. Inflation. Which in j 20-Yi-r Low this year As a result Tif falling my prices will Pink up. Rising Back i Levels in effect before the Oil Price decline. One r Llic lug question Marks next year will l e thi1 Impact of n sweeping overhaul nth tax system. While the new Lux Law which takes effect Jan. I. Will lower individual Lux s. Economists Are fearful thru the beneficial effects will he out weighed initial h Vii loss of business tax break. Ik1 i thai a Sharp cutback in business capital spending will give the Economy some economists he i cult. Eco _. Enough of a Jolt Hal economic grow in will dip into negative numbers during the firm Tiree months of i s7 Siim ething Hinl has l occurred since the end i fihe l4si-ji3refeisi.nl. However Insl analysis believe that the slump will he Short lived and thus will run qualify As a full fledged recession which is defined As two consecutive quarters of decline in he grass National product we think that Las Reform is going in hit inc first part of Llic year Prelly hard and in will Only be an improvement in Trade which will keep us out of a said David Wyss an economist Wilh data resources inc., one of the country s largest economic forecasting firms. Government officials predict Hal the United slates Trade deficit which is expected to hit a re Cord $170 billion this year will shrink by Between 130 billion and 540 billion a Cal year enough to lift economic growth to a Rale of 3.2 percent for the year. The Economy is expected in grow about 2.6 percent this year very dose to the 2.7 percent growth Lurn Din for 14x5, the .1.2 percent estimate is a substantial revision from an Augusi forecast in which the government predicted the Economy would race ahead at a 4.2 percent Pace in l h7. Jul in is still above the consensus forecast of private economists. Fifty private economists surveyed by Blue Chip economic indicators a financial newsletter predicted growth next year would average 2.5 percent Down a full percentage Point from the june Consen sus of .1.5 percent growth for i9k7. The estimates ranged from it robust 4,3 percent by the most optimistic forecaster in negative growl h and a recession forecast from two of the economists surveyed. Many analysts believe Hal the Federal Reserve Hoard will step in Early next year to Avert a recession Wilh another Cut in the discount Rale the inter est it charges to male Bank Loans. The fed Cut this key interest rate four times in 1986 in an Effort to revive the sluggish Economy. It now stands at 5.5 percent its lowest level since 1977. Marchers against racism taunted by crowd new Vork not More than 1,200 people showing both anger and grief at the death of a Young Black Man who was attacked by a group of whiles marched saturday through Howard Beach Queens in a protest against racism. Scores of White people who taunted the marchers with Calls of animals and go Home were kept Separak from the marchers by 250 police officers. The nun Hen including both Black and while peo ple moved ii abreast along the wide lanes of Cross Hay Boulevard and across a Ridge Over the Shore Pii kwai. Where the Man Michael Griffith 23, was struck h a car on dec. 20 while trying to escape from his Anacker. After a mile the March ended at John Adams High school where three White youths charged Wanh ihi1 murder Are students. A moment of silent prayer at the new Park Pieria on i fish Street and Cross Bay Boulevard turned into a shouting match Between some demonstrators and the while adults and Young people. Thi1 singing of we shall overcome was greeted by Shoulson Tio Home and animals Benjamin l. Hooks a director for the National association for the advancement of coloured people told the crowd assembled on the school s athletic Field thai the attackers were would be he said racially motivated attacks of the kind thai occurred in How Ard Beach were happening All Over the country. But even though we face violence we won t turn to violence he shouted. We be got to say to our White friends because we have always had a few. Thai they be got id come Back to us either we stand together or we the Rev. Charles while the pastor of is. Helen roman Catholic Church in Howard Beach said that he was there to represent a Howard Beach that has he photo two up Apoc argue during a protest in Queens , people who aspire to be a Loving hut As he spoke an angry Chan indicating that Many were not ready to forgive Howard each Rose among some of the gathered group earlier a noisy and hoi tempered crowd of about 200 local residents mostly while men under 30 years of age followed the marchers. They urged other Resi dents standing on the Side to stick at several Points the voting men yelled at the Black and while protesters saying they did not belong on the sired of Howard Beach at a Small contingent of Ciu Ardian Angels and members of the press especially photographers by the time the local group had reached the Bridge Over the Parkway the police had set up a barricade to hold them Hack saying Ulicy did not have a permit to demonstrate. These arc our streets should one Young Man who said he lived in nearby of on i Ark but would not give his name. We should be Able to walk wherever we want the demonstration was organised by the stale con Ference of a act chapters and the Southeast Queens Cal Holie clergy and organizers said in was intended to be a the Rev Ernest Rug Uloff pastor of St. Catherine of Siena roman Catholic Church in St. Al Hans. Queens said he was pleased by the number of Whites who participated. Along the Way a while Marcher 1 Al Costa said she and her Mother Millie were there to show Hal not everybody in Howard Beach feels the same John Dalencourt 1�. Of Brooklyn a College student on vacation said thai he Felt that As a Black person it is my duly to be a Cal to him Rob Robinson 17, of Brooklyn the vice president of the Borough s youth chapter of the a act said he was there not Only for Blacks but for All people Sands of time in the stars and stripes 40 years ago today ,. Dec. 29. 1946 Gen. Charles de Gaulle announced in Paris that for idealistic reasons he would not consider be coming a candidate for the presidency 30 years ago today. Dec. 29, 1956 three soviet Divi Sions stationed in Hungary were pulled Back to Russia. Trains carried tanks troops and supplies Over the soviet Hun Garian Frontier 20 years ago today dec. 29. 1%6 peking s new China new Agency announced that communist China has successfully conducted a fifth nuclear explosion in its Western Region. 0 years today. Dec 2 from his Job at the irs Salt Lake City office police said. The reason for the dismissal was not immediately known
