Page 6
The Battalion
Thursday, February 27,19S;
b
Economists expect recovery
Analysts cite increased sales activity as sign of U.S. revival
WASHINGTON (AP) - Facto
ry orders for durable goods rose
1.5 percent in January, the govern
ment said Wednesday. The report
was seen as a fresh evidence that
the once-stalled economic recov
ery is starting to pick up.
Analysts also pointed to the re
cent increases in retail sales, in
cluding automobiles, and growing
housing activity among other
signs of a slowly improving econ
omy.
"We're now starting to see the
resumption of the recovery, which
may have started in the spring a
year ago and stalled out in the
fall," said economist Lynn Reaser
of First Interstate Bancorp in Los
Angeles.
"We're seeing the first glim
mers of a revival in January," con
curred Stephen S. Roach, an
economist with Morgan Stanley &
Co. in New York. "It's another
tentative sign of an improved eco
nomic outlook in 1992."
The Bush administration also
hailed the January increase as one
of several indicators pointing to
an economic rebound.
"I see robins on the lawn in the
economy now," said Treasury
Secretary Nicholas F. Brady in a
speech to the National Association
of Business Economists.
Brady cited increased purchas
es of tires and light bulbs as signs
that discretionary spending was
picking up.
"I went out last weekend and
bought two new tires," he said,
adding that many Americans like
ly would do the same thing be
cause they have put off such pur
chases and, now, "this country's
tires are bald."
But many analysts caution that
economic growth will be below-
average and will not result in any
substantive improvement in em
ployment for months.
Orders for durable goods —
usually expensive items such as
cars and computers expected to
last more than three years — to
taled a seasonally adjusted $119.6
billion in January, according to the
Commerce Department report.
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Bush makes stand in South
gave Bush a weak 53 percent finish and Buchananan
unexpectedly strong 37 percenTsecond-place show
ing.
Georgia is the first in a series of eight important
southern primaries over the next three weeks,
Buchanan says that if he can make a strong showing
here, it will serve as a springboard into the rest of the
southern races.
The South was Bush's firewall in the 1988 pri
maries, giving him a solid Super Tuesday set of vic
tories that all but eliminated his GOP competition.
He swept the South in the general election, picking
up every southern state.
But Bush strategists are a little nervous now, par
ticularly given the president's lackluster victory in
Tuesday's South Dakota primary. Buchanan wasn't
even on the ballot there, but Bush lost nearly a third
of the vote to an uncommitted slate.
Bush loyalists blamed New Hampshire's calami
tous economic downturn in large part for the presi
dent's poor showing there.
But the same argument couldn't be made for
South Dakota, where the economy has been in rela
tively good shape and where unempiloyment is less
than hay the national average.’
Smithsonian inaugurates
'Star Trek: The Exhibition'
WASHINGTON (AP) — The crew of the original starship En
terprise — Kirk, Spock, Bones and the others — is boldly going
where no pop icons have gone before: on display in the Smithsoni
an's Air and Space Museum.
"Star Trek: The Exhibition," which opens Friday and runs
through Sept. 7, incorporates more than 80 props from the original
television series, including phasers, costumes, a tricorder, fuzzy
Tribbles and even a reconstructed transporter.
The retrospective examines the historical, political and cultural
issues of the 1960s that were incorporated into the show, which ran
weekly from 1966 to 1969 and spawned six movies.
But it's also a lot of plain old fun. Visitors can sit in Capt. James
T. Kirk's chair (it's only painted plywood and Naughahyde) or get
a close look at tiny Klingon battle cruisers and a model of the USS
Enterprise.
They can also watch a 25-minute documentary film, prepared
for the retrospective, featuring interviews with the show's princi
pals, including creator Gene Roddenberry, interviewed before he
died in October.
The exhibit is organized into categories, such as "A Cold War in
Space," "Civil Rights and Urban Rebellion" and "Sexuality." The
latter focuses mainly on Kirk's many interstellar and inter-species
liaisons.
At a media preview Wednesday, museum officials and the ac
tors who starred in the show described "Star Trek" with a rever
ence usually reserved for great works in science or the humanities.
"When you look at the biographies of the great pioneers in the
field (of air and space), you find that time and time again, they
were inspired by the stories of H.G. Wells and others who specu
lated about the future and the role that we as inhabitants of this
earth would play in that future," said Martin Hewitt, director of
the National Air and Space Museum. ' "Star Trek' did the same
thing for the youngsters of the 1960s."
Mary Henderson, the exhibition's curator, said "Star Trek" ren
dered a vision of science and technology in which space travel
would be possible and humans would be benevolent and wise.
Eight of the original cast members on hand for the preview said
they didn't feel like icons, but believe the show has made an im
portant contribution to American life.
Attorneys
criticize
cleanup
proposal
WASHINGTON (AP) - Some
lawmakers say they're disap
pointed over the U.S.-Mexico bor
der environmental plan unveiled
by President Bush, saying there's
not enough money to make a sig
nificant dent in the impoverished
area's problems.
But others say the administra
tion's $241 million commitment
for fiscal 1993 is the first step in
cleaning up the polluted area, as
is the $460 million Mexico will
spend over three years.
"I think that the (Environmen
tal Protection Agency) has put to-
gether a good proposal," Sen. Phil
Gramm, R-Texas, said Wednes
day. "I'm more encouraged by
what the Mexicans are doing than
I'm even encouraged by what we
are doing."
But, he added, "I think we are
putting together an excellent
framework to assure that free
trade and job creation occur at the
same time as we dramatically im
prove the environmental quality
of the border."
Gramm's views were at odds
with those of Texas' senior sena
tor.
"Frankly, I'm disappointed in
much of the border environment
plan," said Sen. Lloyd Bentsen.
ATLANTA (AP) — President Bush makes his
next critical stand in the South, a region he swept in
1988 but where he's liable to encounter strong protest
votes this time as he did in New Hampshire and
South Dakota.
The politics of dissent, in fact, are emerging as a
key factor in a Republican presidential race that Bush
loyalists initially hoped would amount to second-
term coronation.
Instead, the opening primaries of the 1992 presi
dential sweepstakes have uncovered what seems to
be a widespread lack of real enthusiasm within the
Republican Party for its incumbent president.
Republican challenger Patrick Buchanan has been
focusing much of his attention on next Tuesday's
Georgia primary. He's already made two campaign
trips to the state in the past week and plans to return
Thursday and stay through Monday.
His insurgent campaign is seeking to harness
GOP discontent and, in Georgia, he is also actively
wooing conservative Democrats. Georgia has an
open primary law that permits crossover voting.
"I think we've got as big a surprise waiting for
them in Georgia as we gave them in New Hamp
shire," Buchanan says. New Hampshire Republicans