perspectives
page5
friday, September 26, 1030
Reporter shares poverty-beating hints
By Mary Kempkes
Editor's note: The following story con
tains opinions of the author.
Being poor is humiliating.
College students more often than not,
are poor.
Therefore . . .
The things we college students lower
ourselves to in times of depressed economy
and shortage of pocket cash:
No sooner had I told Mom and Dad to
butt out of my love life (I was on my own
now) than my hand was out for "the
monthly check
Why me? What did I do to deserve being
poor?
Mom says 1 spend too much on frivolit
ies. I prefer to blame it on the President.
But each year, my banker gets more
anixous as my loan grows and my checking
account shrinks. I can't help it. Certainly
he doesn't expect my social life to suffer
just because the car payment is due!
Nonetheless, I guess I could cut back by
one movie and week and eat out only three
times a week.
But college students can economize in
hundreds of ways and for those of you
digging deep into pockets and getting noth
ing but lint up your fingernails, I have a
few suggestions that, however degrading,
may keep you from starving or going naked
to class. (If all else fails, go to class in the
raw. It may improve your mood.)
Girls, whatever your dating routine be
fore, do more of it. Insist that the evening
always include dinner. Ask for a doggie
bag.
Boys, ask your sweetie either to put up
or stay home. (These two conflict but, hey,
look out for number one.)
Bum meat and expensive condiments
off the folks. Farm kids, wait until right
after butchering-begging comes easier and
is more profitable.
Recycle gum. Stick it to the bedpost or
fold in plastic wrap overnight. The gum
will be perfectly good in the morning if
slightly petrified.
Since the cost of washing clothes on
campus has gone up, wash underwear only
once a month. Wear them at least twice be
fore cleaning (or throwing out). Neighbors
andor honey may object but it's hour
money.
Drink plain -label beer. For entertain
ment, solve the puzzles on the bottle lids.
Professors .
o o
Continued from Page 3
ASSOCIATE PROFESSOR Bert Evans went so far as
to say that Keynesian economics are outdated by 50
years. John Maynard Keynes' remedies were developed for
pulling the United States out of the Great Depression.
Evans said the problem now is not a lifeless economy,
but one that runs on the idea that "more is better."
"We want everything and that's not possible." Evans
said. "We can't redefine what's appropriate for ourselves
in terms of economic goods and services."
Evans claims there are "too many" automobiles and oil
managers. "There are too many people not doing any
thing." He called for the removal of incentives for large,
inefficient businesses, with benefits only for those
"reasonably sized and producing efficient quality
products."
The concern with the productivity slowdown should be
geared toward changing the types of products produced,
instead of increasing manufacturing of inefficient goods,
he said.
McCONNELL SAID a revision of the tax structure to
create incentives for business investment could turn
around producitivity declines.
"This is a difficult thing politically," he said, noting
that his idea is different from the proposed tax cuts of
presidential candidates.
"A tax cut would alleviate unemployment, but add to
inflation," he said. "The recession we have created on
purpose to alleviate inflation hasn't done the job."
Peterson charged that the "standard old fare" of tax
cuts would be only a "superficial" remedy. "We need
longer term changes, but that doesn't fit the political
cycle."
He accused Republican candidate Ronald Reagan of
living in "a fairy land of the past," President Carter of
"trying to divert attention from what he's done," and
independent candidate John Anderson of "not getting on
the baU."
"The American people could respond to leadership
that could explain the necessity for the kind of changes
that have to take place, but they won't get that from
Reagan or Carter," Peterson said, discounting Anderson
as a likely candidate.
PETR AGREED that talk of a tax cut was a "political
gimmick. I don't view tax cuts as a quick fix for inflation
or productivity. I'd rather see investment come as a result
of healthy economic activity."
Evans said a tax cut could be a good idea if it were in
the form of a structural revision. "It should be lowered on
people who are punished the worst now."
But Evans added that he realized a tax revision would
not "reorder the economy to use more wholesome pro
ducts." Carter, he said, is "sitting in office hoping the problems
wiU go away," while Reagan is "totally ignorant" of the
economic situation. Evans compared Anderson's ideas to
those of Herbert Hoover, an illusion that "if you give big
business more, a little wfll trickle down to the rest of us."
"The advisors to the president are living in a world
that's over with," Evans said.
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