From: elwin@ai.mit.edu (Lee Campbell)
Newsgroups: alt.politics.clinton,alt.rush-limbaugh
Subject: Re: Clinton's Nobel Laureates
Date: 9 Sep 92 13:37:31 GMT
Followup-To: alt.politics.clinton
Organization: MIT Artificial Intelligence Laboratory

In article <1992Sep8.195306.22724@eng.ufl.edu>, jason@beta.ee.ufl.edu (Jason Nadrowski) writes:
> 
> I have heard the Democrats say that there are between 4 to 12 economic Nobel
> Laureates who support his plan.  When the Republican opposition requests
> the names of these individuals, none are ever sited.  From this I believe
> none exist!  The only possible explaination must be (if there are any
> Laureates who support the plan) the Laureates explaining the quickest
> way to economic destruction in the United States.
> 
> I fail to see how the restructure of health care (12% of GNP) within 100
> days could be in any way helpful for the American economy.  If you can
> not see DEPRESSION labeled on his plan, you must be near sighted!
> 
> jason

Obviously, Jason, you missed an article posted Sept.7. Here are the
citations you requested. Now do you believe?

Newsgroups: alt.politics.clinton
Subject: Re: Clinton's Nobel Laureates
Date: 7 Sep 92 20:18:09 GMT
Reply-To: "Boyd, Victoria L" <boyd@tmc.tulane.edu>
I downloaded this from an ftp site (nptp I believe).  Hope it helps.

---------begin

THREE MORE NOBEL-WINNING ECONOMISTS BACK CLINTON'S ECONOMIC STRATEGY

July 3, 1992


Three more Nobel-prize winning economists today expressed support for Clinton's 
"Putting People First: A National Economic Strategy," as a sound combination of 
significant deficit reduction and economic investment.  These endorsements bring 
to six the number of Nobel Laureates who have expressed support for Clinton's 
economic plan.

"Governor Clinton touches all the bases in his economic statement--problems of 
public debt, deficits, unemployment, education, income distribution, [and the] 
environment.  I do believe that he has laid out some very sensible and admirable 
policies for initiating a vigorous recovery of the economy in a stable non-
inflationary environment," said Lawrence Klein, Professeur of University of
Pennsylvania.

Massachusetts Institute of Technology Professeur Paul Samuelson said, "Clinton's 
economic program makes prudent sense.  America most needs capital formation --
human and material capital, private and public capital. Reagan-Bush structural
budget deficits reduced the nation's savings available to finance these
investment." 

"I am greatly impressed by Governor Clinton's honesty and courage for providing
the country with his program and its fiscal implications," said Massachusetts
Institute of Technology Professeur Franco Modigliani.

Last week, Clinton's plan received strong support from Professor Kenneth Arrow
of Stanford University, Professor James Tobin of Yale University, and MIT
Professor Robert M. Solow.

The complete statements by Professors Klein, Modigliani, and Samuelson are
attached.


STATEMENTS FROM NOBEL PRIZE WINNING ECONOMISTS ON BILL CLINTON'S NATIONAL ECONOMIC STRATEGY

Statement of Lawrence Klein, University of Pennsylvania 1980 Nobel Prize Winner

Governor Clinton touches all of the bases in his economic statement -- problems
of public debt, deficits, unemployment, education, income distribution,
environment and other important issues.  Few candidates in recent years have
been willing to face up to the deterioration of the American income
distribution, and I admire his statement for addressing the inequalities that
trouble our country.  I do believe that he has laid out some very sensible
and admirable policies for initiating a vigorous recovery of the economy in a 
stable non-inflationary environment.

Statement of Professor Franco Modigliani, MIT 1985 Noble Prize Winner

I am greatly impressed by Governor Clinton's honesty and courage for providing
the country with his program and its fiscal implications.  And there is a good
deal in his program that offers definitive improvement over the past years of
serious mismanagement of the economy.  In particular, I support his emphasis
on four issues that must urgently be taken care of to re-establish the health
and leadership of our economy: namely, more investment, public and private,
better education and training, more effective management of welfare and health,
and reducing the budget deficit -- even if at the expense of somewhat higher
taxes for the wealthiest.  His deficit projections may be somewhat optimistic
and some further tightening may be required in the end, but his stance is in
the right direction.  I hope the nation will understand this program and stand
by its worthwhile proposals.

Statement of Paul Samuelson, MIT 1970 Nobel Prize Winner

Clinton's economic program makes prudent sense.  America most needs capital
formation -- humanand material capital, private and public capital.  
Reagan-Bush structural budget deficits reduce the nation's savings available
to finance these investments.  It is both fair and effective to generate some
of the needed tax revenues from those of us at the top who have made out
extraordinarily well under Reagan-Bush tax concessions.

---------end

Newsgroups: alt.politics.clinton,alt.politics.homosexuality