IF INCOME LOWERED, CUT SPENDING

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: MONDAY, February 3, 1992                   TAG: 9202030178
SECTION: EDITORIAL                    PAGE: A-10   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short
IF INCOME LOWERED, CUT SPENDING
IN YOUR so-called editorial of Jan. 23 ("Give corporate reinvesting a break"), you really blew it. As usual, you don't savvy, comprehend or understand. Actually, what you do is shoot from the hip, and you could care less about facts or objectivity.
You say the albatross of financial ruin is due to Reagan's lowering of taxes. Hogwash! The blame is on the Democrats 100 percent because when taxes were lowered, the fuzzy-minded liberals increased their spending.
It doesn't take a certified public accountant to know that if your income is lowered, you must also lower your expenditures. On the contrary, the Democrats reverse this simple economic principle, so as a result we have a $4 trillion debt.
See how simple it is? The best thing that can happen to anybody financially is to control inflation, have taxes lowered and encourage the laissez-faire doctrine. To do this, one must vote Republican. R. KEITH WHITLEY BEDFORD

by Bhavesh Jinadra by CNB