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BUSINESS
March 25, 1988 | United Press International
Growth in taxable retail sales in the nine-county San Francisco area in 1986 fell below growth in inflation, a report by the Assn. of Bay Area Governments said Thursday. Sales increased 2.2%, while inflation increased 3.2%. In the previous year, when inflation was up 4.2%, sales were up 5.1%. "If this trend (1986) continues, we'll be feeling it in the local economy soon," said Poulicos Prastacos, an ABAG analyst. "Declining growth will have an obvious impact on jobs for retail workers."
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BUSINESS
March 25, 1988 | United Press International
Growth in taxable retail sales in the nine-county San Francisco area in 1986 fell below growth in inflation, a report by the Assn. of Bay Area Governments said Thursday. Sales increased 2.2%, while inflation increased 3.2%. In the previous year, when inflation was up 4.2%, sales were up 5.1%. "If this trend (1986) continues, we'll be feeling it in the local economy soon," said Poulicos Prastacos, an ABAG analyst. "Declining growth will have an obvious impact on jobs for retail workers."
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NEWS
December 24, 2007 | Bill Drayton, Bill Drayton chairs the board of Get America Working!, a nonpartisan full-employment policy group.
In 1988, GOP presidential nominee George H.W. Bush uttered the iconic sound bite, "Read my lips, no new taxes." He ate those words two years later, then endured the backlash in 1992. That should have been a clue that "no new taxes" was too simplistic to fit the actual case of our fiscal needs. Twenty years later, it's even harder to pretend that the sound bite fits. As the primaries begin, the first crop of baby boomers (born in 1946) are about to qualify for early Social Security benefits (Jan.
NEWS
March 9, 1990 | MICHAEL GRANBERRY, TIMES STAFF WRITER
Thirteen inmates, two of whom are accused of murder, escaped from a San Diego County jail here Wednesday night by sawing through steel bars with hacksaws smuggled in through an open window, authorities said. Eleven of the men remained at large late Thursday. The jailbreak was the biggest in county history and jail officials Thursday blamed overcrowded conditions and the failure of the county government to respond to requests for improvements in the security system. The men escaped about 8:45 p.
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