European Stars And Stripes (Newspaper) - May 10, 1986, Darmstadt, Hesse Page 10 columns George will the stars and stripes saturday May 10, 1986 what if supreme court Fec aws Gramm Rulfman Pum ask k a to n j Light Sleeper mine is wide Onaka and writing a Crip Ifor the six month Between now and the november elec Lions Liall begins As things often seem. In with the supreme court concerning which there is n naughty joke making the rounds. The justices says the joke decide to restore their frayed Joel Ogui feelings by going out to until together. A chivalrous waiter lakes the lady Justice s order first. She says ill have the veal the waiter then asks her a Jinai Abou the vegetable Anil she says they la order for nov., now. Order in inc coun. These Days the justices Are testy toward one another but. They probably can quickly agree that Ornum Rudman is constitutionally infirm. The following script is nut by any Means a worst Case scenario Bat it is bad enough to give republicans sleepless in his or As the president likes to say sleepless. . Under Miramm Riedman the Percsi Donl submits his menu of pains to shrink the deficit. Then Congress either ratifies his menu or writes its own menu or the comptroller general calculates and orders he Semi across the Board spending Cut required to Hil the deficit target. I say Serai because there arc lots of exemptions and flu docs for reasons too arcane to be suitable Reading in a family newspaper the court will probably agree with & lower court thai the comptroller general s role violate the doctrine of the separation of Powers. Thus Gratum Rudman will be a gun without a trigger. Well no actually there is Asil were a Fallback Trig Ger Congress could cuts. Bui if Congress were disposed thai sort of thing we would not be in the Pickle thai produced Gramm run Man. It is said inc financial markets especially the Stock Market have factored into their calculations a court Rul ing against Gramm Rudman. Bui the markets Are Chip Perly assuming that he ruling will not matter they Are assuming that the fact that Congress passed Gramm Rudman indicates that Congress is driven by conviction or inc next Best thing fear of the electorate to shrink inc deficit even without the cover of the Gramm Rudman who me mechanism the look a no congressional hands approach to budget writing but suppose Congress says hey economic growth is shrinking the deficit we read a in the new York times no less. Or suppose Congress says we shall not shrink from shrinking the deficit so Here is a package of spending especially defense spending cuts and lax in creases. Congress could pass such a Bill and the presi Dent could veto it it would strike at the two pillars of Rug Anim tax Euis and rearmament. Now,.what will become of today economic euphoria William Buckley Here diminished yer a Trees fora ruling i tet you realize. When the markets realize thai the government is Back to actually it never stopped business As usual sup pose september sees a continuing paralysis of the govern ment1 Choice mechanism remember the Stock Market is not just an indicator of trends but because of the enthusiasm it engenders it is a cause of trends. What will be the effect on it of a realisation that Gramm Rudman was a false Dawn perhaps serendipity will suffice to keep the Economy buoyant. Even terrorism has an economic Benefit. Some americans who Are especially pleased by the action against Libya Are operators or Mcdonald and similar restaurants. This summer More americans will stay Home and More europeans will come Here. And they All will drive around pausing Only to cat hamburgers. A potential casualty of Moa mar khad Afy is the Mousetrap the Agatha Christie play that has been run Ning in London s West end for 33 years and 10,000 performances. By now its audience consists mainly of american tourists with lots of . Currency arriving at the Golden Arches Al Al the Economy will gel. N nudge. But suppose i
