Word: concords
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...true that our budget deficit deserves attention. But Tsongas, Warren Rudman and their Concord Coalition use rhetoric that suggests that it is wrong by its very nature. In fact, borrowing money in order to spend it is morally neutral. Our judgment of such borrowing should depend on what it is used for; there can be good and bad deficits. But deficit spending in and of itself can be useful and should not be shamed out of the political debate...
Feng Shui: The Art of Dwelling in theWorld. A brown-bag lunch with architects andrelated professionals. 34 Concord Ave., noon. Call868-3282 to register...
Huberty's argument--which did not win over the court--might, at first, seem like an isolated case of nuttiness. But all over the country, in places like Concord, N.H., Kansas City, Mo., and Santa Fe, N.M., anti-MSG activists are making similar claims...
...Concord Coalition would aim for a much broader target. To reach a balanced budget by the year 2000, it would impose a strict means test on entitlements. Households would lose about 10% of their federal benefits of whatever kind for every $10,000 of income above $40,000, up to a maximum of 85% for those making $120,000 and up. The 58% of Americans whose incomes, including entitlements, range up to $40,000 would lose nothing. On the revenue side, the Concord plan calls for a 50 cents...
Their critics say that the Concord group's proposed cuts for retirees violate the trust of people who paid into Social Security and Medicare for years. The Concord argument rests strongly on a moral plea of its own: older Americans should not burden their children and grandchildren with the task of paying off the debt. Peterson likes to quote Thomas Jefferson's observation to James Madison that passing on debt to future generations is "swindling futurity." Is it possible to make seniors sit still for such talk? Perhaps it is. The sky didn't fall when Congress approved the Clinton...