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From: dlo@drutx.UUCP (OlsonDL)
Newsgroups: net.politics
Subject: Re: Supply-side Economics: the Savings Rate
Message-ID: <432@drutx.UUCP>
Date: Fri, 1-Nov-85 16:27:22 EST
Article-I.D.: drutx.432
Posted: Fri Nov  1 16:27:22 1985
Date-Received: Sat, 2-Nov-85 08:36:33 EST
Organization: AT&T Information Systems Laboratories, Denver
Lines: 19

[]

From: tw8023@pyuxii.UUCP (T Wheeler)
>The great theorist explains all again.  Phooey, Sevener, you
>seem to have Tip O'neil's party line rhetoric down pat.
>First, supply side economics DOES depend on consumer spending,
>not the savings rate.  Second, when are you going to admit
>that social spending far outweighs military spending?

...

In fact, according to the _Information_Please_Almanac_ for 1985,
social welfare spending for 1982 (the latest year given) accounts
for more than all the other federal outlays *combined*.  51%.

>T. C. Wheeler

David Olson
..!ihnp4!drutx!dlo