Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: Notesfiles $Revision: 1.6.2.17 $; site uiucdcsb.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxj!ihnp4!inuxc!pur-ee!uiucdcsb!grunwald From: grunwald@uiucdcsb.UUCP Newsgroups: net.politics Subject: Re: Fuzzy headed liberals Message-ID: <11000102@uiucdcsb.UUCP> Date: Tue, 23-Oct-84 17:20:00 EDT Article-I.D.: uiucdcsb.11000102 Posted: Tue Oct 23 17:20:00 1984 Date-Received: Thu, 25-Oct-84 03:16:52 EDT References: <569@loral.UUCP> Lines: 20 Nf-ID: #R:loral:-56900:uiucdcsb:11000102:000:1000 Nf-From: uiucdcsb!grunwald Oct 23 16:20:00 1984 Besides not being able to spell "wimp", there are several errors in your critique of Mondale. While Reagan lowered federal taxes, he has not dramatically reduced spending while maintaining the same programs. This is the true measure of someone who saves you money. While he has not raised federal taxes, I know that my state taxes increased last year, largely to offset shortages due to reduced federal grants. Additionally, the deficit spending is not smoke -- it does not dissipate of its own accord. It must still be accounted for, either now or in the future. At some point, a dramatic reduction in your paycheck will happen because of the loans you (and the rest of america) took out these four years. At that time, the chunk will be larger than it would have been if the money had been deducted now, as interest will need to be added in. Is that a true savings? It seems to me that Reagan will probably raise taxes, most likely through some regressive scheme such as the V.A.T.