Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/5/84; site scirtp.UUCP Path: utzoo!lsuc!watmath!clyde!cbosgd!ihnp4!houxm!whuxl!whuxlm!akgua!mcnc!rti-sel!scirtp!todd From: todd@scirtp.UUCP (Todd Jones) Newsgroups: net.politics Subject: Re: Supply-side Economics: the Savings Rate Message-ID: <541@scirtp.UUCP> Date: Tue, 5-Nov-85 13:42:29 EST Article-I.D.: scirtp.541 Posted: Tue Nov 5 13:42:29 1985 Date-Received: Thu, 7-Nov-85 21:37:39 EST References: <432@drutx.UUCP> Organization: SCI Systems, Research Triangle Park, NC Lines: 23 > 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? > >T. C. Wheeler > > 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%. > > David Olson Heaven forbid we should spend money helping people, that could be used to build weapons to destroy our enemies! ||||||| See no evil || ||/ [ - - ] Todd Jones \ ^ / {decvax,akgua}!mcnc!rti-sel!scirtp!todd | ~ | |___| SCI Systems Inc. doesn't necessarily agree with Todd.