From raypg Thu Jun 15 09:35:03 1995
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Date: Thu, 15 Jun 1995 09:48:25 wdt
From: raypg@[EMAIL PROTECTED] (glenn rayp)
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>
>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])
