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From: kim@emory.UUCP (Kim Wallen {Psychology})
Newsgroups: net.politics
Subject: Re: Reagan as a BIG spender
Message-ID: <1419@emory.UUCP>
Date: Fri, 26-Oct-84 11:48:45 EST
Article-I.D.: emory.1419
Posted: Fri Oct 26 11:48:45 1984
Date-Received: Tue, 30-Oct-84 06:48:26 EST
References: <52@mit-athena.ARPA> <577@loral.UUCP>
Organization: Math & Computer Science, Emory University, Atlanta
Lines: 32


The arguments that Reagan would balance the budget if only he got the
spending cuts he requested and had a line-item veto and a balanced
budget amendment simply ignore the facts of this administration's
economic policy.

Reagan's last budget was about $130,000,000,000 out of balance (by the
White house estimate) before congress even got to look at it.
So much for congress being the reason he can't balance the budget.
Previous presidents without line-item vetos and balanced budget
amendments have managed to keep deficits under $60 billion.  Reagan
has never managed to bring one in under $125 billion (remember his
lowest deficit came when he was operating under Carter's last budget).

To the citizen it matters little whether you deficits come from increased
goverment spending or increased government give-aways (tax breaks), the
deficit has to be paid for.  The fact that the American people seem little
concerned that Reagan has managed to increase the deficit by 66% in less
that four years is a bit shocking.  You don't need to be a economist to 
see that Reagan should be able to double the entire national debt during
his two terms (if we are foolish enough to give him a second term).

So much for Reagan being a fiscal conservative.  It is intriguing to me
how one has only to spout conservative platitudes and the conservatives
in this country ignore reality and support the platitudes.  If Reagan
was evaluated on his performance, every conservative should be up in 
arms.  He's smart though, the rich conservatives were bought off.
It is one thing if a deficit goes in your pocket and quite another if
it goes in someone elses.  How much of Reagan's deficit spending is
in Bunker Hunt et al.'s pocket via the tax-break?