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Show Impact A little inflation BY GEORGE KALMAR Even though the tax burden of the normal middle class citizen is becoming unbelievably oppressive I've still yet to see the citizens storming down their streets with lit torches collectively complaining complain-ing about the chunks taken out of their pay checks. It's really too bad they don't do something as drastic as the above course of action. ac-tion. Since the end of World War Two, the Gross National Product of this country has taken a natural course upward. The neo-econom- ists have said and still say that this trend is healthy. The only prob-' prob-' lem is that the Federal fiscal and monetary tinkering into the affairs af-fairs of the economy in general has caused the evolution of a monetary disease; inflation. Economists optimistic This problem, however, seems to be substantially minimized by our optimistic economists. The statement is often made, "A little bit of inflation doesn't hurt, it helps." One thing the acamedians forget, a little bit of inflation is like a little bit of pregnancy. At least our economic trend has shown this to be true. In the fifties, complaints of heavy taxation were limited to a few swear words while shaving in the morning. The early sixties prompted a few concerned individuals indi-viduals to cry for large cuts in federal fed-eral spending and less federal manipulation. man-ipulation. Today there are millions mil-lions of disconserted individuals whose 1040 forms sap whatever they manage to put aside. Things are starting to pop. And it's about time. Lots to complain about American citizens have lots of other things to complain about as well. The past year's Gross National Na-tional Product was nearly 50 inflation in-flation build up. The dollar shrank again, and taxes with the surcharge sur-charge proportionately rose. Our infallible Keynesian cycle has nearly reached its end. Nixon has told us that a cooling off period is in sight. This simply means unemployment. Why don t we cool things off with a huge cut in federal expenditures in all facets of government. That way the taxpayers will benefit and unemployment un-employment as a solution to the problem would never have to become be-come a reality. Sounds logical to me, but then logic isn't the norm these days. |