From: jc@optimla.aimla.com (John VanHoozer)
Subject: Re: FAQ: The Record Thing
Reply-To: jc@optimla.aimla.com (John VanHoozer)
Organization: OptImage Interactive Services Co., L.P.
Date: Wed, 19 Aug 92 23:25:55 GMT


I am afraid that I must break my rule concerning talking about Bush
in the a.f.d-q arena (please,  I still think that this topic does not
belong here)!   I found the following so absurd that I had to respond.


In <168478AE9.MEDELMA@cms.cc.wayne.edu> MEDELMA@cms.cc.wayne.edu
(Michael Edelman) writes:

> In article <ompaeio@twilight.wpd.sgi.com>
> coolidge@speaker.wpd.sgi.com (Don Coolidge) writes:
 
> >
> >In article <1992Aug16.195933.7846@ncsu.edu>, dsh@odin.ece.ncsu.edu 
> >(Doug Holtsinger) writes:
>         [...]
> >Let's put this into perspective. In only eight years, Ronald
> >Reagan and his borrow-and-spend crew doubled the size of the
> >total outstanding national debt, accumulated over the previous
> >200 years. Now, in not-quite four years, George Bush and his
 
> Here's where it pays to think things through a little. The Reagan era
> debt may have been high in absolute numbers, but so was GNP. It's a
> littel silly- or perhaps just plain ignorant- to try to compare debt under
> a $7Trillion economy with debt under a $4Billion economy. The Reagan era
> debt was about 40% of GNP, or about 1/3rd of the post-WWII debt.

Why should any one believe that it is O.K. to increase the national
debt when the GNP goes up?  If the U.S. Government had a larger tax base
to take from I would expect that there would be a reduction in the deficit.
If I ran a corporation that was in the red and suddenly more people
were working and buying my product/service I would expect my debt to
decrease - not increase.

Since the 60's,  the U.S. government seems to have embarked on a "if
we spend more money,  we will create more jobs and increase the tax base
to get more to spend" sort of philosophy.  This is not working.  It only
hides problem until it reaches the almost ( if i hadn't lived during it,
I would laugh) proportions of the Reagan era.  The best way to do this 
is to cut spending and think of the long term.  I wish that we would
see some one running who would say this and still have a chance at election.

Also in Mr. Edelman's propoganda we see:

> >Democratic budgets compare. And they've been "paid" for by mortgaging
> >the futures of ourselves, our children, and our grandchildren (if,
> >indeed, the pain stops there).
         *****  I could agree more - both parties are to blame! ******

> More silliness. You have to look at the trends and the actual policies
> instead of mindlessly repeating what you hear on TV. Phrases like "mortgaging
> our future" are meaningless and were an attempt to discredit a phenomenally
> sucessful economic policy that would still be growing if we'd elected a
> Republican in 1988 ;-)

And where do you suppose the problems that Mr. Bush inherted came from?
Mr. Bush may have an effect on education, the environment, and other domestic
issues that I have been hearing from the GOP convention.  But like the economy
the effects are generally not felt instantly.  The economy is in a shambles
because we spent like crazy and now we have no money to spend.

If you had $100 in the bank and borrow $10000 on your smile today,  I say
great!  But do that tomorrow and the next day and the day after that and 
the day after that ad infinitum and eventually you won't be able to pay
and you'll go into chapter 11 or 13  and everybody associated with you
will pay.


				jc

           PLEASE DO NOT CROSS POST responses to alt.fan.dan-quayle
		he has little to do with setting a budget
			I think that Marilynn balances their
			    checkbooke.


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