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From: apm@cmu-ri-isl1.ARPA (Andrew Mendler)
Newsgroups: net.flame
Subject: Re: Balanced Budget Amendment
Message-ID: <209@cmu-ri-isl1.ARPA>
Date: Tue, 18-Jun-85 14:49:56 EDT
Article-I.D.: cmu-ri-i.209
Posted: Tue Jun 18 14:49:56 1985
Date-Received: Sun, 23-Jun-85 10:13:31 EDT
Organization: Carnegie-Mellon University, CS/RI
Lines: 50

(Bob Lied) >Make me laugh. ...

You make me laugh too, but more out of pity.  I make a typo and put a "M"
instead of a "B" before the "illion".  Your liberal knees start jerking
wilding and you can not resist a stereotypical jab at the Pentagon.
Unfortunately, your ignorance shows since you do not even know, within 3
orders of magnitude, what the savings would be from the Grace Commission.

A thanks goes out to Jerry Hollembe for posting a correction.  I was waiting
to see how many people would notice.

(Mark F. Flynn)
>Oh, for crying out loud.  That's the biggest pile of crap I've run across in a
>long time.

I guess you mean since the democratic platform.  Now there was a yuk-full.

>Raygun has signed every appropriations and spending bill passed by
>Congress.  And half of Congress is controlled by the Republicans.  

Oooo.  Raygun.  Pretty biting wit you have there.  Did you think that all up
by your self?

If you are too chicken shit to pass a balanced budget amendment then give
the Prez the good old line item veto.  The problem is that both houses of
congress are wimps, but the house is the worse of the two.

Do you remember back to the summer of '81 when, that living symbol of a pork
barrel, Tip O'Niel was falling all over himself to make sure the tax cuts
passed by the house would be a democratic bill?  Do you remember the
christmas tree that the simple 5-10-10 reduction in individual rates ended
up as?

Now it is a all or nothing veto.  Give him a stick he really can use and
then, I predict, the budgets will be more in balance and the economy will be
more robust.  A majority of the governors currently have a line item veto.
We do in Pa.  We only have a 2.4%ish state income and it is going down to 2%
or 2.1%.

The deficit is caused by spending too much not from taxing too little.  The
tax cut only returned rates to preinflation levels.  The military budget is
a less precent of the GNP than it was in the 60's.  The huge growth was in
the failed social tinkering of the 60's and the inflation of the 70's.  That
is the real source of the deficit.

>By the way, who's this Democrates you mention.  Some liberal Greek scholar?

Sure, they were the ones in the 70's that gave it to the middle class up the
old mustard trail without any vaseline with higher taxes though inflation
and a "progressive" tax rate structure.