University Daily Kansan
Tuesday, March 25.1980
Cost index exaggerates inflation, prof says
By JON BLONGEWICZ
Staff Reporter
Reports of an 18 percent inflation rate for the first few months of 1900, which spurred President Carter's new inflation program. University of Kagawa economics professor.
Lawrence Radeck, assistant professor of economics, said last week that the problem with the CPI is the analysis of the monthly Consumer Price Index. Home mortgage rates are included in the CPI, which calculates the cost of services purchased by typical households.
When the CPI is calculated, it is figured at the price it would buy to a new home at the present rate. The prices have jumped recently from 10 to 15 percent, depending on the location, Radecki
THIS JUMP would not affect people who do not purchase new homes. For these people, an 18 percent inflation rate is an exaggeration. he said.
Consumer Price Index, the inflation rate would be only about 8 percent.
Rises in the price of gasoline have also contributed to the recent rise in the inflation rate from last year's 15 percent. Rudecki said that higher interest rates on mortgage rates were not considered in the
"It turn it around. Now Carter is catching hell for inflation," *Radecki* said. "If mortgage rates go down, he is going to look good."
One aspect of the inflation program, which Carter announced March 14, is a budget expansion to $11 billion of proposed cutting $13 to $14 billion from the proposed 1981 budget to balance federal taxes.
RADECKI SAID he and many other economists were skeptical about the effect a balanced budget would have on the nation's finances. He said that the National Product, which runs in the trillions of dollars, the proposed $13 or $14 billion of federal spending are a "drop in the bucket."
"It is not going to have much of an impact," Radeeki said. "$13 billion is not going to make that much of a difference."
According to Radecki, any impact that it may have would not occur for some time. But the latest report indicates that the 1981 fiscal year budget, which would not take effect until at least October 1981, more than a year away. Carter has suggested cuts in the first six months of the fiscal 1980 budget.
MORTAR BOARD APPLICATIONS DUE TODAY BY 5:00 P.M. IN 220 STRONG
A majority of people want a balanced budget and Congress is going alone he said.
Day 2 Tuesday, March 25
After an extensive two county manhunt, Paddy Murphy, escaped K.U. student and member of SAE Fraternity, has still not been located. Sheriff Earl Bennis from Remo County said. "We have our bloodhounds out and had a decent trail for awhile. But all we came up with was the contents of his stomach. You know—chicken bones, glass, assorted loose change . . . the usual."
Naked Body in Park not Paddy Murphy's
In the past, Paddy has been known to wander for days looking for things and places no one else ever dared see. On several occasions, he had set out looking for his long lost girlfriend, Elvira Fish, at the Lonely Hearts Trailer Court. Miss Fish commented, "He was just disgusting. Always drunk. He would belch, then cry out 'room for more' and down the closest thing with alcohol in it. It would be nice if you could find him, but it's really no big deal."
Citizens should be cautious with Murphy, as he is reportedly suffering from illusions of grandeur, the heartbreak of psoriasis, the pain and itch of hemorrhoidal tissues, and several other commercial diseases.
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Fraternity members are grieving over their missing brother and should appreciate the public's help in finding him. A reward has still been offered.
Bucky's introduces . . .
"A lot of people in the United States vent their frustrations with inflation on the federal government," Radecki said. "They want a scapegoat and they pick the federal government to do an easy thing to pick on. You want to blame something, blame the federal government."
CHEF'S SALAD
Now at Bucky's, refreshing CHEF'S SALAD-crisp lettuce, tomatoes, and onion topped with ham, cheese, and eggs. We serve it up fresh with crackers and our own house dressing. It's a deal you can't afford to miss!
"There are businessmen and politicians here and there we seem to think a balanced budget is the cure to everything." Radecki said.
only
96¢
because labor costs in the automobile and steel industries have risen. A balanced federal budget would have little effect on industry and this aspect of inflation, he said.
ANOTHER REASON Radecki and others are skeptical about the effect of a balanced budget is that the price of goods and services are greatly determined by fixed labor
Radecki said most labor contracts had already been signed, so wages were lestied to run. For example, he said, the price of automobiles is expected to rise
Crawford . . .
From page one
Murray and Sempolski also said that several facets of the research project itself were conducted in an irregular fashion.
Argersinger called the arrangement "imprudent at best," and said Crawford should have avoided it.
MURRAY AND Sempolski said Crawford's project did not obtain necessary approval from the KU Advisory Committee because it was deemed to improper consent procedures in obtaining human volunteers and missed volunteers about the purposes and results of their blood test.
Arsinger's memo said that while research protocol should have been fully reviewed by the advisory committee, Crawford's actions were not censurable.
Argersinger's memo said he found no "substantial basis for the charge that informed consent was not obtained." nor for any implication of misrepresentation. nor for the suggestion that parental consent may have been a cause some cases of minors involved in the project."
"The issue is not scientific freedom," Murray said, "it's accountability. You're free to research what you want, but society should have an input."
The American Anthropological Association is conducting an investigation of methods used in the project.
Sempisoki said, "Crossing over of grants is not that common. The project's books are supposed to reflect the actual use of the grant."
Crawford was less than candid when he indicated on his General Research Fund application in January 1765 for support of a medical project that it did not involve human subjects.[4]
Murray said, "As citizens we were concerned with this creative account. The way the money was handled didn't look proper enough.
THE MEMO SAID Crawford's "n neglect of the required University procedures on the use of human subjects" was a violation of the Faculty Code of Conduct.
Crawford was to be warned, the memo said, that similar conduct in the future could be cause for more severe disciplinary action than a written warning.
March 1979 and in January 1980 referred its findings to Bucheli for legal advice.
Murray said the Office of Special Investigations concluded its investigation in
"Apparently the government didn't think so either."
LeDuc . . .
From page one
"I'm very bitter about it, "Crowder said, "because I was in on it from the start and they haven't done what they said they were going to do," and come in and build it up, but they didn't.
was upset because LeDuc had not met its commitments
Crowder said he thought about 3,000
phone—841-7650
Kinko's Kinko's
For Your Theses and Dissertations 25% Cotton paper We collate at no charge
Hours 8-8 Mon-Thurs
8-6 Fri
904 Vermont
10-5 Sat
12-5 Sun
843-8019
The Associated Students of Kansas, the statewide student lobby organization, has an opening for CAMPUS DIRECTOR at KU.
FOR LEADERS ONLY
Only students with an interest in politics and with organizational and leadership abilities need apply.
The Campus Director, paid by ASK, is responsible for organizing and coordinating all lobbying activities at KU.
Applicants should have a knowledge of campus and state issues. Lobbying experience would be helpful.
Applications and more information about ASK are available at the Student Senate Office, 105B in the Kansas Union.
Return applications to the Senate Office by 5p.m.
Monday, Mar. 31.
The Associated Students of Kansas
subscriptions had been sold but that 1,000 of those had been purchased by the athletic department itself.
HE ALSO said the department was angry because it had received little communication from LeDuc. "We have no reason to be from LeDuc about what the hall's crane on."
Crowder said the magazine itself had been good and that CU would like it to be continued.
Students Working for Students
At Missouri, athletic department officials were unavailable for comment.
LeDuc Enterprises was also unavailable for comment and has been since the March 3 announcement that its campus magazines were being drowned.
Jim Shelden, former assistant sports information director and editor of the KU team, said he'd probably be wrong to keep from injuring the prospective sale of some of the players.
KANSAN
On Campus
LEON Fletcher will give a piano
MASTERS CLASS at 3:00 a.m. and 1:30
a.m. at the KANSAS GEOLOGICAL
Hall. The KANSAS GEOLOGICAL SURVEY
will sponsor forum titled "Changing
Institutional Patterns in Energy AE-
ficiency" p.m. in the Apollo Room in
Nichols Hall.
"The fire ignited above and behind a french yr unit in the kitchen," McSwain said at a press conference.
TONIGHT; WESTERN CIVILIZATION
ACADEMIC FILM FESTIVAL will present
"The Drive for Power" at 7:30 p.m. in Room 13 Lippincott Hall.
The March 14 fire in the Old Carpenter Smoke House began accidentally, Lawrence Fire Chief Jim McSwain said yesterday.
Smoke House blaze started in kitchen
He a team of three investigators, two from the state fire marshal's office and a city fire investigator, determined the cause of the blaze by retracing the path of the fire.
The fire caused an estimated $100,000 damage to the downtown restaurant, 719 Massachusetts St., which is owned by Bob Schumm, a city commissioner.
McSwain said the fire was discovered about midnight.
"The fire travelled upward through the walls and floors before it was apparent," he said. "It smoldered about four hours before the alarm."
McSwain said some recent repair work on the hood system near the fryer unit might have aggravated the blaze.
Three firefighters received minor injuries while fighting the blaze, but they were not hospitalized.
The fire damaged the building's roof, which partitally collapsed, and caused smoke and water damage.
A neighboring photography store and clothing store were also damaged by smoke and water. Both businesses have since reopened.
Schumm said the restaurant might open in two weeks.
BAHA'I FIRESIDE
Everyone is welcome.
KU Baha'i Club will meet on Tuesday, March 25th at 7:30 P.M. in the International Room of the Kansas Union.
films sua
presents
Sam Peckinpah's "Ride the High Country"
Starring Randolph Scott, Joel McRae and Mariette Hartley.
Woodruff
7:30 Tonight, March 25 $1.00
The Intercollegiate Association for Women Students
Annual Convention March 26-30
Downtown Towers Holiday Inn Kansas City, KS
For more information call The Women's Resource Center 864-3552
Partially funded by Student Senate