From: guido@island.COM (Guido Marx)
Subject: Re: Run conservatives, run away! (Was: Re: Homophobics can't...)
Organization: Island Graphics Corp.  San Rafael, Ca.
Distribution: ba
Date: Wed, 26 Aug 1992 18:20:03 GMT

In article <athos-250892154128@athos.apple.com> athos@apple.com (Rick Eames) writes:
>In article <1992Aug25.165854.3626@island.COM>, guido@island.COM (Guido
>Marx) wrote:
>Well, you're assuming that the government SHOULD do something about
>recessions.  Maybe we should just let the seasons of the economy take their
>natural shape without gov't sticking its hand into it.  I am one who thinks
>along these lines.

Well, this is one area where Mr. Bush and I disagree with you.  I think
that the government should take corrective action to get the country
out of its current recession.  This is especially true because it is
that same government which got us into this recession.  In particular,
this recession was caused by excessively tight monetary policies by
the Fed, and tax law changes.

>* Reagan had a Republican Senate for a while there.

I believe that the Republican majority in the Senate only lasted for
the first two years of Reagans presidency.  At any rate, he still
had to deal with a Democratic House.

>* Bush raised taxes, yes, but also made a deal that helped the country
>  limit its spending.

Oh really ?  How come the deficit keeps going up and up then ?

>* He has tried and tried for that tax cut.  He hasn't gotten it yet.

That is because he has been totally unwilling to comprimise AT ALL
to get the cut.  The Democrats have spelled out quite clearly what
is needed to get a capital gains tax cut.  This is a tax cut that
will go primarily to the wealthy, to pay for it the Democratic
Congress has demanded in increase in tax rates for those with the
highest incomes.  This seems reasonable to me and will have the added
benefeit of making capital investment that much more attractive to
people in high tax-brackets.  

>Well, when you have to have a balanced budget, when you believe that tax
>increases are "bad" in a state that has high taxes already, when you
>believe that deferring debt is just a tax on the future and when you
>believe that education is not an untouchable thing, you HAVE to do what
>Wilson has done.  He cut a deal last time, and it hurt the state.  If the
>Democrats wanted a budget they'd have voted on it already.

Again, Wilson has simply been unwilling to comprimise AT ALL.  We all
know that when the budget is finally passed it will contain funding
for the schools which is more than what Wilson wants, and less than
what Willie Brown wants.  All this other crap going on right now is
just macho posturing by both parties which is severly damaging the
credit rating of the State and is causing severe hardship to many 
people.  I find it disgusting.  I also believe that those involved
may find a great deal of public anger directed toward them when they
face the electorate.

>Read the August 24th issue of Newsweek.  They go into this a bit and
>explain what happened with the tax increase: he didn't think it *was* a tax
>increase, but soon realized that it indeed was.

Well, I haven't read that issue of Newsweek, but if Bush signed a major
piece of legislation without knowing what he was agreeing to, he
should be voted out of office for incompetency.

Guido

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