From raypg Thu Jun 15 09:35:03 1995 Return-Path: <raypg> Received: by suntew.ua.ac.be (5.0/SMI-SVR4) id AA08382; Thu, 15 Jun 1995 09:35:03 +0000 Message-Id: <[EMAIL PROTECTED]> X-Mailer: *Cinetic Mail Manager V2.1 Date: Thu, 15 Jun 1995 09:48:25 wdt From: raypg@[EMAIL PROTECTED] (glenn rayp) content-length: 1393 > >I am very curious to see if *ANYONE* can offer me a reason >why we need to balance the budget given the cost associated >with balancing it? I have not yet seen a single argument >for balancing the budget that was not easily refuted! If >there are any conservative lurkers out there on this mailing >list, please explain to me and the others why it is that >balancing the US Federal Government's budget is so god aweful >important. > >If I am correct that there are no really good reasons for >balancing the budget, why cant we get this message across >to the masses? If we understand this so well and we are >educators, why are we so utterly unsuccessful in educating >the general populus about this basic understanding? Please >enlighten me. > >Loren Rice >The University of Science and Arts of Oklahoma >[EMAIL PROTECTED] > Without being conservative and lurker, a good reason for reducing the US federal budget deficit would be the balance of payments deficit ( the second of the so called twin deficits), but which seems indeed totally absent in the debate. This is comprehensible though. As the U.S. can finance almost any BOP deficit it likes, it is mainly a problem for the rest of the world. As a matter of fact, by reducing the budget deficit, you're solving at your expenses Europe's, if not Japan's problems. Glenn Rayp University of Antwerp ([EMAIL PROTECTED]) Glenn Rayp University of Antwerp ([EMAIL PROTECTED])