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July 08, 1994 - Image 34

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-07-08

Disclaimer: Computer generated plain text may have errors. Read more about this.

APY*

The
Rate
Leader
Is
Back!

Franklin

Bank

N.A.

358-5170

The New Thinking In BankingTM

FDIC
Insured

Southfield • Birmingham • Grosse Pointe Woods

EaUALt:2
HOUSING
LENDER

25, 1994 and is subject to change or withdrawal at any time. Not valid with any other bonuses or coupons.

Tennis Time's Annual

Sidewalk Sale!!

Save! Save! Save!

'10 • $15 etc.

Golf & Tennis Clothes and Warm-ups
for Men, Women & Kids

Use this coupon to save even more:
It's worth '10 on any purchase of $100 or more.

Coupon good through July1994.

L

Thurs., Fri., Sat. and Sun.
July 7,8,9 & 10
Open 8pm Thursday & Friday!
Open 12-5 Sunday!

tennis time

3

Maple and Lahser

CONDOMINIUM SPECIAL- nizing the five basic profit-eaters.
IST and newspaper columnist An organization is then modified
Robert Meisner will speak on to reduce costs, refine product
"Community/Condominium As- lines and effectively develop new
sociation Management: A Legal products and markets. For fur-
Perspective" July 23 at North- ther information on the work-
western Michigan College in Tra- shop, call 362-2100, ext. 320.
verse City. The seminar is offered
as a non-credit course through THE BUILDING Owners and
Northwestern Michigan College Managers Association (BOMA)
Extended Educational Services. has released its 1994 Experience
For further information, call the Exchange Report: Operating a
college at 1-616-922-1700.
Cost Effective Office Building,
Your Guide to Income and Ex-
COMPETITIVE MANUFAC- pense Data. The report includes
TURING is the subject of a half- income and expense data for
day workshop July 12 sponsored more than 4,500 office buildings
by BDO Seidman accountants. throughout North America. To
The workshop will be held from order the publication, call the
8 a.m. to noon at the Troy Mar- BOMA of Metropolitan Detroit
riott. The process of competitive at 965-BOMA.
manufacturing begins by recog-

Report Card

'Annual Percentage Yield. Minimum balance requirement of $100,000. A penalty may be imposed for early withdrawal. Rate accurate as of May

r

Compited by Steve Stein

646-4475

After two years, Rabin government earns a C-plus
for its economic reform.

NEIL COHEN SPECIAL TO THE JEWISH NEWS

I

wo years have
passed since the
Rabin govern-
ment was elect-
ed. In its election
campaign, it stressed
its commitment to eco-
nomic reform.
Overall, the govern-
ment rates a C-plus.
The grade is B-minus
for effort and D for de-
termination. Here's
why:
The good news:
— Unemployment is
coming down, though
largely despite the gov-
ernment rather than
thanks to it. Strong
economic growth and
the virtual halt in im-
migration have
mopped up a signifi-
cant number of unem-
ployed. Leaving aside
the rights and wrongs
of bringing in foreign
workers, labor gener-
ally remains too inflex-
ible. The Labor
Ministry is stuck in the
socialist 1960s and la- Yitzhak Rabin
bor laws remain over-
for companies to do business but
ly protective.
— Foreign currency liberal- unnecessary obstacles still exist.
— Taxes have been cut and
ization continues, albeit at a
simplified.
But they still need to
painfully slow pace. It is easier

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