We may be on the cusp of inflation raising its ugly head again. How so? Our government is spending trillions of dollars using a broad swath of initiatives to fight deflation, which is the opposite of inflation. Herein lies the rub. If government were to succeed in stopping deflation, the huge new debt issuance that's supporting them could lead to a spike in inflation that we have not experienced since the 1970s.
Editor's note: As The Signal celebrates 90 years of service to the Santa Clarita Valley, we offer this peek into the SCV of days past. Following is from the first week of July 1976 in The Newhall Signal and Saugus Enterprise.
A number of local offices will be closed Friday to observe the Fourth of July.
n City Hall and all city offices will be closed, though the activity, aquatics and community centers will remain open.
A teenager was taken to a local hospital with apparently minor injuries after a van hit him on his bike Tuesday afternoon, authorities said.
Two teenagers in Stevenson Ranch were arrested in a drug bust Wednesday, authorities said.
Students interested in jumpstarting their college careers and entering the workforce can enroll in the College of the Canyons LAUNCH program beginning July 6.
An old-fashioned ice cream social will be held 2 p.m. to 5 p.m. Sunday at the Senior Center, 22900 Market St., Newhall.
I am concerned that our state's priorities are messed up. I see and read all the things that have been cut because our state is in crisis.
It's ridiculous for grown men and women to say: "I want to be able to choose from hundreds of cereals at the supermarket, thousands of movies from Netflix, millions of songs on iTunes - but I want a 'single-payer, universal' government to choose for me when it comes to my health care."
Our nation's efforts to stop global warming were in the news this week with the passage of historical legislation.
In response to the editorial column by Senator George Runner ("Do as I say, not as I do," The Signal, June 28):
The recently opened California Pizza Kitchen at Bridgeport Marketplace in Valencia welcomed Brownie Troop 6282 to a special tour of the facility.
LOS ANGELES COUNTY - Two and a half million dollars in American Reinvestment and Recovery Act (ARRA) funds have been approved for roadway resurfacing projects in unincorporated areas of Los Angeles County near Acton, Agua Dulce and Palmdale, according to Supervisor Michael D. Antonovich.
WASHINGTON, D.C. - On June 30, Rep. Howard P. "Buck" McKeon (R-Santa Clarita), the new Ranking Member of the U.S. House Armed Services Committee, joined local leaders and defense experts to praise the National Defense Authorization Act for Fiscal Year 2010 (H.R. 2647), which was approved by the House last week.
With everything from nationally ranked academic programs to effective career education opportunities and college placement services, Hart district students are afforded every opportunity to excel in an increasingly competitive academic environment.
Whether priorities are schools, recreation or convenience and friendly neighborhoods, home buyers are finding that Fair Oaks Ranch by Pardee Homes fills the bill.