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From: simard@loral.UUCP (Ray Simard)
Newsgroups: net.politics
Subject: Re: Foreget Reagan, Forget Mondale, Forget Hart
Message-ID: <309@loral.UUCP>
Date: Wed, 25-Jul-84 20:45:23 EDT
Article-I.D.: loral.309
Posted: Wed Jul 25 20:45:23 1984
Date-Received: Sat, 28-Jul-84 07:49:38 EDT
References: <1072@hao.UUCP>
Organization: Loral Instrumentation, San Diego, CA
Lines: 37

>Cuomo: what a speech!

Yup.  I'd gladly cupport Mario Cuomo for president - of Toastmasters.
His oratory was quite good, much better than his facts.  As the
Wall Street Journal commented, paraphrasing him, "Don't be deceived
because inflation is low.  Don't be deceived because unemployment
is down!"  What next, Don't be deceived because you're better off
than in 1980?

His excellently delivered words still expressed the tired liberal
agenda: redistribution, strong defense without paying for it,
regulating our way to Utopia, and that eternal distortion:
"we're for compassion!"  To me compassion is reducing inflation to
stop robbing the fixed-incomed elderly of the value of their
pensions, opening opportunities for the disadvantaged to find dignifying,
supporting employment in a growing, prospering economy, and implementing
methods (such as ERISA and its followers) for people to create their
own retirement plans.

Cuomo (as well as nearly every liberal who could get to a microphone
in the last two years) berated Reagan for "tax cuts to benefit the
rich".  He conveniently left out the fact that, while middle and
low income families paid a smaller percentage of income in taxes,
the richest sectors paid MORE!

The economy is growing like crazy, all economic indicators are dramatically
improved except real interest rates which are about what they were
in '80 (thanks, in my judgment, to the Fed targeting monetary aggregates
with figures they devised last fall, without adjusting them later to
accommodate the unexpected growth this year) and Cuomo's oratorical
flourish is the most commendable part of the speech.  His issues
definitely were not.
-- 
Ray Simard
Loral Instrumentation, San Diego
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