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From: simard@loral.UUCP (Ray Simard)
Newsgroups: net.politics
Subject: Re: A Vote for Mondale
Message-ID: <629@loral.UUCP>
Date: Tue, 6-Nov-84 18:58:32 EST
Article-I.D.: loral.629
Posted: Tue Nov  6 18:58:32 1984
Date-Received: Thu, 8-Nov-84 04:11:10 EST
References: <1500@pur-phy.UUCP> <1105@bbncca.ARPA>
Reply-To: simard@loral.UUCP (Ray Simard)
Organization: Loral Instrumentation, San Diego, CA
Lines: 42
Summary: 

In article <1105@bbncca.ARPA> rrizzo@bbncca.ARPA (Ron Rizzo) writes:
>Reagan's only signifigant economic contribution, "Reaganomics" (which
>many economists & observers believe he'll attempt to revive if he wins
>big on Tuesday), was ABANDONED & considered a joke by the beginning of
>Reagan's second year.

	Absolutely false.  The fundamental principles of "Reaganomics":
tax and spending cuts (or at lease, cuts in scheduled spending increases),
business incentives, reduced regulation, and controlled monetary growth,
all were realizeed to some degree or other.  The tax and spending growth
cuts were hardly "abandoned", since the voices of liberalism have been
bemoaning them ever since, especially in this campaign.

>The Reagan administration's two key "movers &
>shakers", David Stockman & Paul Voelker, alternated between publically
>defying or simply utterly ignoring Reagan (usually the latter).

	1) No administration is a homogenous body.  Thank God Reagan
surrounded himself with thinkers, instead of "yes-men".
	2) Paul Volcker is not part of the administration - the Federal
Reserve Board is autonomous, and quasi-private.

	Anyway, it's not at all surprising to see people in these positions
developing a fetish for one aspect of the economy or another.  There are
the deficit-fearers, the interest-rate-fearers, the inflation-fearers,
the trade-deficit-fearers, and on and on.  Reagan has shown an admirable
ability to keep his eye on the big picture, and not let one small element
of his policy blind him to other important factors.

>...I
>think a lot of people are voting for Reagan because they want a Calvin
>Coolidge 1984-style, a flagrant figurehead.

	Nobody I know, and I know a lot of Reagan supporters.


-- 
[     I am not a stranger, but a friend you haven't met yet     ]

Ray Simard
Loral Instrumentation, San Diego
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