On this day, May 5, 1903, James Beard, US culinary expert, author (Delights & Prejudices), was born in Portland, Ore.
Also on this day, May 5, 1945, A Japanese balloon bomb exploded on Gearhart Mountain in Oregon, killing Mrs. Elsie Mitchell, the pregnant wife of a minister, and five children after they attempted to drag it out the woods in Lakeview, Oregon. The balloon was armed, and exploded soon after they began tampering with it. They became the 1st and only known American civilians to be killed in the continental US during World War II.
Also on this day, May 5, 1945, Bly minister Archie Mitchell, his pregnant wife Elsie, and five children from Mitchell's Sunday school class were on a Saturday morning picnic. Thirteen miles northeast of Bly, or about sixty miles northeast of Klamath Falls, Mitchell parked the car, and Elsie and the children headed to Leonard Creek. Mitchell later remembered: "As I got out of the car to bring the lunch, the others were not far away and called to me they had found something that looked like a balloon. I heard of Japanese balloons so I shouted a warning not to touch it. But just then there was a big explosion. I ran up there--and they were all dead." It was a Japanese balloon bomb. They were 70 feet tall with a 33-foot diameter paper canopy connected to the main device by shroud lines. Balloons inflated with hydrogen followed the jet stream at an altitude of 30,000 feet.
Stimulus may be inflationary
Congressman Kurt Schrader (D-OR), along with eight other Democrat Congressional Representatives, has released the following statement to reiterate his position and call for an immediate vote on the Senate-passed Bipartisan Infrastructure bill:
“The Senate overwhelmingly voted to invest $1 trillion to modernize our nation’s aging infrastructure for the 21st century and the House must also deliver for the American people,†Rep. Schrader said. “The ambiguity of the reconciliation process would leave the bipartisan infrastructure package in limbo and lead to possible failure. Families in Oregon and throughout the country simply cannot afford to miss out on the largest effort in a century to rebuild our crumbling transportation and water systems and make transformative investments, like ensuring universal access to affordable high-speed broadband and strengthening energy resiliency.
“The House must pass the bipartisan infrastructure package without delay. Waiting any longer risks losing the creation of good-paying union jobs, growing and supporting businesses and keeping our country competitive in the world market.â€
A
white paper from the
National Bureau of Economic Research points out that -- at least with
actual infrastructure projects -- any short-term stimulus effect is offset by the short-term impact of re-allocation of construction resources, as well as negative impacts on traffic flow caused by construction. The report also emphasizes that the economy is generally trending favorably, as government policies on COVID-19 caused pent-up demand and government-induced stimulus may be inflationary.
--Staff Reports| Post Date: 2021-08-22 11:44:15 | Last Update: 2021-08-22 11:59:59 |
