1984-11 November IBEW Journal.pdf - International Brotherhood of ...
1984-11 November IBEW Journal.pdf - International Brotherhood of ...
1984-11 November IBEW Journal.pdf - International Brotherhood of ...
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54<br />
~ b~lInced by 19<strong>11</strong>2 'lr 1983" One yeu liter,<br />
PreSlIlent Re~'1n ,;aId, "This admimsnau'ln I.<br />
C'lmmlllW to a babnced budget, and we will R,ht<br />
to the la ~ t blow to achieve <strong>11</strong> by <strong>1984</strong> .. Latel In<br />
1981. Flu.denl RUllan sUled, "\ d.d nOl come<br />
here 10 b.lance the budllel_nOl II the uJ'X'n~ <strong>of</strong><br />
my tu.·cumng program and my ddcn,e prolllam<br />
[f we ca n't do II In <strong>1984</strong>, we 'll have 10 do It lltci "<br />
rhis I. Ihe same man wh o blamed me and you<br />
101 Ihe problems <strong>of</strong> Ihe pUI .nd fOf our 10 called<br />
polocy ul " tax and lax, s!",-nd and sJK"nd. " Let', jte<br />
who il the ,Icat·deflcit trnlOr in Americi Lisled<br />
t....1"w ~rt Ihe luul .JeRCI1I accumulaud dutinll<br />
eacb rtnident'l lelm Imce fTlnltlin D. RlIOSeveh<br />
~lImnmll LD 1933<br />
franklin D. Roosevelt. DemOCflt. $1970 bllhon,<br />
H~"y S TlUm~n , Democrat. $. 4 billion, DwiVIl<br />
o EISenhower, Republican, $IS.8 b.lhon, lohn f<br />
Kennedy, O!:mocral, $ <strong>11</strong> .9 bllhon. lyndon B lohn·<br />
_. Crmocral, 542.0 b,lhon, Ri chard M N,K on,<br />
Rcpuhhun. St'ill 7 hllhnn. C.rI~101 II. Fnr'\, R~pub ·<br />
Iican, Si24.S b,IILon, I,mmy Calle r, Democrat,<br />
SI81 0 billion, and Ronald ReI8.1.O, Republlcln,<br />
S7IB 6 bLihon lactual and en'mated).<br />
Aftel fOUl yu.s 'lf Ronald', " I wtll balance the<br />
budget by 1982 Dr 1983," Rcagan ddlCLt$ a.e ~reater<br />
Ihan Ihe cu mul~tive dcfku, from Rooscvelt thlOugh<br />
Cartel In 47 yUII (Roosevelt Canerl the tOlal<br />
ddlcll equalled 564S.J b,lhon 10 ILUI lour shmt<br />
yean, P,u,denl Ru pn has lun up a deR clI <strong>of</strong><br />
57186 b,llIon. IU 51 ,ma,loe wh. 1 be could run up<br />
to .nother fout yelts<br />
The Rugan ptO'lam JlVtS tax breaks to the nch<br />
and SJ'X'nds unnecusary amounlS on dden~ Ihs<br />
198 1 lax b,1l alone (oombuled OVCl 5400 b,IILon<br />
10 Ihese ddicllsl<br />
And then Ronald Reagan I'Ys we mus, ICI Ie·<br />
spons.bly .Ind cut ,I", bu.Jllcl morc Iu eOrlllulthe<br />
deRel! How mucb more can be cutl hm.ILu wllh<br />
,ncomCi around 520.000 pel ycar wliltake !edNal<br />
program benefit CUIS mO le th.n tWice as h'gh as<br />
upper· Income I~mll!u. CU~'Anleed studenl lOins<br />
hive been Cui 20 percenl. wllh In add,tional t3<br />
J'X' lcent CUI rn Olher sludcnt fln.nc,al.id fund,o,<br />
for dllldvamagcd .nd handlClpped ch,ldren In<br />
demcntary and ~('cnnduy ~rhnnl, hn been CUI by<br />
17 pe rcent Medicale hu becn CUt by S percenl.<br />
fcdt,al employen hulth beneflu e LiI by 16 J'X'lCent<br />
wh,le rlem,ums .ncluwd by 56 petteD! ReUle·<br />
menl and dlsab,hly rlo~ lams h.ve ~en cut by $26<br />
billron Youlh employmcot and ",Inrn, PIU"aml<br />
h.ye [)c,en cut by JS pe reenl And ),CI, wllh all<br />
thue eU!J In "pc