Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.1 6/24/83; site alice.UUCP
Path: utzoo!watmath!clyde!burl!ulysses!allegra!alice!ark
From: ark@alice.UUCP (Andrew Koenig)
Newsgroups: net.politics
Subject: Read this book!
Message-ID: <3077@alice.UUCP>
Date: Mon, 5-Nov-84 14:52:48 EST
Article-I.D.: alice.3077
Posted: Mon Nov  5 14:52:48 1984
Date-Received: Tue, 6-Nov-84 07:07:23 EST
Organization: AT&T Bell Laboratories, Murray Hill
Lines: 35

J. Peter Grace has written a book called

	BURNING MONEY

It describes in detail how horrifyingly effective the
Federal government is at taking YOUR money and throwing
it down the drain.  For example:

	The Hospital Corporation of America (I may not have the name
	right) is a private profit-making company that builds hospitals.
	It has a staff of 50 and takes an average of two years to
	build a hospital.

	The part of the Veteran's Administration that builds
	hospitals has a staff of eight hundred (!) and takes
	seven years to build a hospital.

If you read this book, you will learn just how a $7 hammer costs
$436 when the Navy buys it.  You will also learn other things:

	Since 1945, per capita income has increased by a
	factor of 7.  Taxes have increased by a factor
	of more than 200.

	"Soaking the rich" won't work.  If the government
	decided to confiscate all income above $70,000 a year,
	that would increase revenues by $17 billion.  Big deal.

Taxes are now the largest budget item for most families.  It used
to be housing and food.

Oh yes.  The Federal government spends $40,000 a year for each
poor family in the US.  Why are there any poor people?

The author of this book is a registered Democrat.