Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site rabbit.UUCP Path: utzoo!watmath!clyde!floyd!harpo!ulysses!allegra!alice!rabbit!jj From: jj@rabbit.UUCP Newsgroups: net.flame,net.politics Subject: Re: Reagan and the economy, again. Message-ID: <2670@rabbit.UUCP> Date: Wed, 4-Apr-84 11:15:14 EST Article-I.D.: rabbit.2670 Posted: Wed Apr 4 11:15:14 1984 Date-Received: Thu, 5-Apr-84 01:54:00 EST References: <2654@rabbit.UUCP>, <958@sdcrdcf.UUCP> Organization: AT&T Bell Laboratories, Murray Hill Lines: 54 Well, actually, Joel, I don't disagree with you as much as you think. Two years isn't long enough, but at least you can see the effects of an administration in the derivitives by then. We are indeed still paying for the end of Vietnam and the oil embargos, as well as for the incredibly irresponsible social programs of the Johnson years. In fact, that's mostly what we're paying for right now, with our massive federal deficit that we can't do much about. As far as the deficit, it is the next problem. Right now, the interest on the FD is as much as the current year's deficit. That's representitive of a system in uncontrolled exponential runaway. The problem is that there isn't any good way to deal with it now, LBJ is the one who had to deal with it, and all he did was put it off a few years. More taxes aren't the answer, as they will only fuel the same problem (inflation/deficit) that they are "supposed" to aid. The only solution that I can see is an IMMEDIATE cut in all parts of the federal budget, INCLUDING human services. I don't like that idea very much, but with human services running at 50% or so of the budget (including administration of them, etc) they must be cut along with everything else. (There are some very basic things that could be done to make such cuts nearly unnoticed, except as regards the unemployed federal employees, but labor will protect its own and damn the poor as usual.) I AM sensitive to ad-hominem attacks, I figure that if someone wants to disrupt, I'm not able to stop them, I might as well either ignore them or drown them out. Why do I support Reagan? Well, his ecomonic ideas are better than anyone else's, even if he can't handle the deficit. I can't stand Reagan's moral viewpoints (a look in net.abortion should make that really clear) at all, but I think (and that's as close to certainty as I can come) that economic collapse is more of a threat than the fascist MM stuff. Cheers -- TEDDY BEARS ARE NICER THAN PEOPLE--HUG YOURS TODAY! (If you go out in the woods today ... ) (allegra,harpo,ulysses)!rabbit!jj