European Stars And Stripes (Newspaper) - September 11, 1980, Darmstadt, Hesse                                Page 12 the stars and 5tripes thursday september ii. I960 John Roche looking for difference in the Anderson race for months 1 have been Seeling that lamed Anderson difference which Alleg edly gives him a Ken on the while House after looking Hii platform a 317-Page Doorstop perhaps one can discern the answer Anderson is running for a  no . Quile seriously the whole Anderson gig u mind bending Here it n Man with no significant background who after losing every top primary he participated in decided the hell with primaries caucuses conventions and nominated himself. Obviously he merits the chutzpah Vole bul what docs he really stand for he chose in his running mate pal Lucey. An old Ken Nedy Troncho who As Carter s ambassador to Mexico almost reopened the mex ican War. Ii Goi so had that state department Shippa a Nanny to Mexico City a coordinator with the personal rank of ambassador to forestall the renewal of . Lucey tame Back to Lead Ted Kennedy s triumphal March in the mid West. After what Ted Kennedy did to John an Derson it s surprising Anderson would take Lucey aboard. Kennedy used a ploy Paten led by his brother Robert except thai Bob by reserved it for Tise gains Lyndon John son. Tar to Days after Bill moyers1 resignation As . J press Secretary for instance the president was bouncing off the ceiling like a helium filled pingpong Ball. It seems sen. Robert Kennedy a Good Friend of Dilis called up to invite him to lunch in his senile offices after he had announced his resignation. Bill accepted went Forth to his morning briefing where a announced his resignation and returned to Hii office to find a message that sen. Ken Nedy would pick him up and they would drive somewhere for lunch. They did All of two blocks to it Sanj Souci restaurant where photographers were thicker than a irow. It was a spectacular set up Johnson now knew movers had been a Viper in his bosom Anil Only lady did i timely intervention once prevented the president from belting me when i suggested movers was the innocent victim of one of Bobby s tricks. Ted Learned the Drill and Anderson walked right into the Imp. There on Page i and on to was the shot of a beaming an Derson and a thoughtful Kennedy they had just spent Jevell hours in conversation and Anderson allowed As How he might drop out of the race if the Democrat named anyone but Carter president Carter does t strike me 45 the Type who would Bounce off the ceiling but he May have been displeased. Yet in the Long run Anderson was the big loser. Carter had an Fri Man guarding each of Bis delegates and nil the schemes to deny him the nomination were As i noted Here dream Boa Ting Kennedy went on his Way to galvanize the democratic convention with a rip snorting defense of the old Lime political religion welcomed car Ter s nomination with All the warmth of an Ulster landlord and is going to Campaign for the ticket hard enough so he can t in 19 b4 be accused of betrayal but no harder. Meanwhile. Anderson was hopelessly compromised. In the beginning was the word and the word was thai John Ander son was not like Othef politicians he was not a Wheeler dealer or a compromised. He was  As one who Ili inks Ander son is the reincarnation of Elmer Gantry i found the Kennedy snipe Hunt delightful. Where does Anderson go from Here obviously he serves As a magnetic held far All the dissatisfied elements in the democratic party. Ironical in Anderson s strength de pends largely on Reagan s chances if the liberals decide Ronnie is a walk in they Are More Likely to vote for Anderson. Then they can make the argument in 19g4 hat Carter lost because he was t Liberal enough. A Vole for Anderson thus ii not in affirmation of Confidence in be Man bul an id discharge. Dut in a period when the final presidential vote tends to be quite close such id discharges have consequences. Recall thai Gene Mccarthy with roughly. 2 per cent of the Vole in 1976 almost gave presi Deni font three Stales and a second term Al William Buckley a give Carter Leisure taxpayer a break the presidents proposed economic package sounds like a recipe for Fruitcake the last entry of which reads add Kitchen sink then  the whole thing is a Classi Cal venture in Boob bait and it is Digap column Sand comments pointing that such worldly figures As got. Hugh Carey of new Vorlik denominated it As  in Plain English Carter s brilliance is n reflection of his standing in the polls. Thai standing is much higher than a few weeks ago when Hugh Carey was publicly humiliating his Brilliant Lender by declining to endorse him it Mortison Square Garden. Of Well if Caligula horse had won the Senate race Carey would have found him Brilliant. If Only the politicians were to conspire just one Lime to Tell the truth about what the country needs. They would not have to go any further for a condensed recitation than to the testimony of Paul Craig Rob erts an economist formerly with the Wall Street journal now with the Center for strategic and International studies at Georgetown. He testified on july 29 before the committee on ways and Means of the House and what he said was that exactly what we do not need right now is increased demand the old keynesian solution. Rather we need increased Supply and the Way to get that is to bring Down the marginal rate of taxation and to encourage savings. Let us take an extreme example. Suppose that last year a Huixi Driver working 40 hours a week earned s15,Ocio. He knows from experience that if he worked an Zifra 10 hours he would earn an extra $5,000. Bul he would need to remit 12.000 of i Hose 55,000 to the government leaving him with 13,000, which he could put into a savings account. But haying done that he finds that his earnings in interest Are taxed at i Rase reaching 70 percent depending on he Siai of his account. The More he saves the More he is taxed. When you reduce the marginal rate of taxation on personal in come you change two important relative prices. You change the Price of Leisure in terms of the amount of income you give up by not working and you change he Price of current consumption in terms of the future income you give up by nol saving and in vesting an idiomatic Way of saying that is increase the tax on income and on Sav ing and you get less production and less investment. Decrease production and inv Tel men and you get a lower rate of growth in the National product. Or. Roberts now examines his Model on a Macron nordic scale. Consider since 1950, the United Silies averaged a yearly Rale of growth in Reil terms of 3.2 per cent. Good not particularly. France Dur ing the same period grew Al the rate of 4.9 percent. Japan at 8.3 percent. If the . And grown Al an Scrage of  percent Foster each year i.e., at a rate of j percent today the cup would be 14 trillion instead of s2.5 trillion. Not Only would your need for tax revenues be less you could take a smaller percent on in Stjes and still have More revenues. It talc 21 percent of a j2.s trillion Economy to produce j525 billion in lax Revenue but Only is percent of a s4 trillion Economy to produce $600 Hii Picut Fai Tai Revenue. J Milton Friedman who by the Way John Kenneth Galbraith has called the most b Nova Tive economist of our generation makes a simple proposal Cut the top to rate Down to 25 percent. Inflationary no he says. Theoretically Yov would a Taw b lose 13 percent of existing tax Revenue. Actually you would probably increase fever nut. How it this forget for a moment list people would unquestionably produce Moity. And save More if marginal rates levelled off at z5 percent. They would it disc Tom hid Den earning More readily b they would allocate their economic energies towed. Production rather than tax sheltering Ianc a legion of accountants lawyers to tsp bookkeepers whose preoccupation n Loen tend with sky High rates would be product Lively engaged in useful and Revenue to dueling activity. Bui you Sec. Jimmy Carter would rat bar have inflation and recession plus to the Rich than Price stability and a robust econ omy with proportional taxation. There Trojo Mil lion american now paying Man than 25 percent of their income in Tat Why Aren t they being heard from where in we headed if the sensible Don t speak up in he direction it Sweden. And you will not easily guest what the latest proposal i m thai welfare s � e. It ii w lax Leisure Leisure hit become very inexpensive be cause the alternative is to work primarily for the Benefit of the government. So a Leisure the swedes Lay. I Lay give Jimmy Carter the Leisure beginning in november we All need. Or Crul pm Imi m re Rind fou it i Widen a i i at h m an amt i no Nituna n Gilrai o tin Sim m of Flat Ermi ohm Kiln Marx. ,ab6,.douqus5av5 toll set party cand1dat6, , offerall Man from ii Lilois