The Michigan Daily--Thursday, March 5, 1981--Page 3 ' 'prof criticizes .Reagan's From AP and UPI WASHINGTON-University Economics Prof. Gardner Ackley joined three other economists yesterday in a debate of President Reagan's economic recovery plan before the tax-writing House Ways and Means Committee. Ackley characterized administration forecasts of a sharp decline in the inflation rate if Reagan's proposed tax cuts and budget cuts are passed by Congress as a "fairy tale." * THE REAGAN administration predicts that if its economic program is enacted, inflation will decline from last year's 12.4 percent rate to 6.2 percent in 1983 and 4.2 percent in 1986. "That would be truly a miracle," Ackley said, arguing that the impact of Reagan's program "will not be-as he so con- fidently predicts-to cut the present inflation rate more than in half. Whatever effect it would have on the inflation rate surely would work in the opposite direction." The administration is asking for budget cuts of about $45 billion for 1982 and deeper cuts in the future. It also seeks passage of a three-year program for individual tax cuts at a rate of 10 percent a year, and bigger tax breaks for business in the form of more rapid depreciation of certain expenses. ACKLEY, A KEY economic adviser to the Johnson and Kennedy administrations, was joined by Joseph Pechman of the Brookings Institution. They were pitted against Arthur Laffer, whose controversial theories are behind Reagan's tax-cut proposals, and John Rutledge, whose predictions for the economy are even more optimistic than the ad- ministration's. Ackley and Pechman are among scores of economists who fear the deep tax cuts will fuel inflation by stimulating con- sumer demand faster than business can increase supplies and improve productivity. tax plan But Laffer urged rapid action by the House panel, saying, "I don't think you should hold tax cuts hostage to spending" reductions. "IT'S AN EXCELLENT first step, but only a first step," Laffer said of Reagan's tax-cut plan. Meanwhile, AFL-CIO President Lane Kirkland had harsh words for Reagan's economic recovery plan. His comments yesterday to the House Budget Committee prompted several committee members to ask whether Kirkland is out of steps with the nation's millions of blue collar workers. The labor leader said the Reagan program is based on "un- tested theory, unrealistic projections, and questionable logic" that "add up to more inflation and more unem- ployment." "THE REAGAN BUDGET constitutes the most costly roll of the dice ever proposed for this nation by economic policymakers," he told the budget panel. "On the line are the living standards of millions of working Americans, the unemployed and the poor, the opportunity for energy security and the hope of reviving the nation's in- dustries and cities," Kirkland said. Rep. Delbert Latta (R-Ohio), the committee's top Republican, said, "I am not surprised by this individual at- tack on President Reagan's proposals, but I wonder whether you speak for the rank-and-file members of your unions in doing so." Kirkland replied that the AFL-CIO surveyed the opinions of rank-and-file workers democratically, through local union meetings and conventions. In the Senate, Albert Shanker, president of the United Federation of Teachers, said Reagan's budget proposals amount to "disaster for public education." AP Photo University Prof. Gardner Ackley, third from left, confers with House Ways and Means Committee Chairman Dan Rostenkowski (D-Ill.), left, Arthur Laffer, of the University of Southern California, right, and Joseph Pechman of the Brookings Institution prior to a hearing of that panel yesterday on Capitol Hill. The panel is holding hearings on proposed cuts in tax and spending programs of President Reagan's budget. EVERYTHING YOU NEVER EXPECTED ' s ~' sU FROM AN APPLIANCE STORE HAPPENINGS- New MSA FILMS election code A-V Services -A Day in the Life of Bonnie Consolo; I am Not What You See, 12:10 p.m., SPH II Aud. Cinema Guild - Casino Royale, 7, 9:15 p.m., Lorch Hall Aud. Mediatrics - Diamonds are Forever, 7 p.m., Nat. Sci. Aud.; Live and Let Die, 9:30 p.m., Nat. Sci. Aud. SPEAKERS Chem. Engin. - William Schowalter, "Hydrodynamic Effects on Colloid Stability," 11 a.m., 2084 E. Engin. Biology - Bennett Cohen, "Resources for Research on Aging," noon, 1139 Nat. Sci. CJS --Bag lunch, John Campbell, "Rojin Mondai: Problems of the Elderly and the Government's Response," noon, Lane Hall Commons. Health Psychology - William Dobbins III, "Central Nervous System Aspects of Whipple's Disease," noon, A154 VA Med. Ctr., Director's Conf. Room, 2215 Fuller. Museum of Anthro. - Chuck Hastings, "Soggy Archaeology in the Eastern Andes of Central Peru: A Regional View of the Cloud Forest," noon, 2009 Museums. Comp. Lit. - Bag lunch, Floyd Gray, "Fixed Forms: The Sonnet in the Renaissance-France,"12:10 p.m., MLB 4th floor Commons. Bush Programs - Urie Bronfenbrenner, "The Ecology of Education," 4 p.m., SEB Schorling Aud. Chemistry - Efrat Lifshitz, "Some Aspects of the Photochemistry of Vision," 4p.m., 1200 Chem. Education - Urie Bronfenbrenner, William Morse, "Reflections: The School, the Child, the Family," 1:30 p.m., SEB Whitney Aud. Romance Lang. - Walter Mignolo, "Sobre las condiciones de la ficcion literaria," 4 p.m., MLB 4th floor Commons. CREES Cross Currents - Albert Lord, "On Collecting Balkan Oral Traditional Poetry," 8p.m., Aud. A, Angell. Third Hispanic-American Lec. Series - Juan Flores, "Culture Makes a U- Turn: Puerto Rican Identity in the United States," 8 p.m., Aud. C, Angell. PIRGIM - Adrienne Selko, "What You Should Know About Toxic Shock Syndrome," 9p.m., S. Quad Thronson Lounge. MEETINGS Inter-Varsity Christian Fell. -7 p.m., League Union. Botticelli Game Players - noon, Dominick's. Med. Ctr. Bible Study -12:30 p.m., F2230 Mott Library. Campus Weight Watchers - 5:30 p.m., League Project Room. AA -8:30 p.m., N2815 U. Hosp. (2nd level, NPI). Rackham Student Government - 7:30 p.m., Rackham Board Room. Undergrad. Anthropology Discussion Group - Myth and Religion, 7:30 p.m., Anthropology Lounge, basement Angell Hall. PERFORMANCES UAC - Soundstage, 8 p.m., Union CLub. U. Musical Society - Royal Ballet of Flanders, 8 p.m., Power Center. School of Music - piano Recital, Pauline Martin, 8 p.m., Recital Hall. MISCELLANEOUS ZBT, SAM, AEP, SDT - Bucket Day, collection for research of Tay Sachs disease, campus. Reading and Learning Skills Ctr. - Reg. for Speed Reading and Study Skills classes, 1610 Washtenaw. Computing Ctr. - Chalk Talk, "PL/C and PL/1 Debugging for Begin- ners," 12:10 p.m., 1011 NUBS. International Night - Belgium, 5 p.m., League Cafeteria. SWE - Presentation, Edwards Air Force Base, 7 p.m., W. Engin. Guild House - Poetry Reading; Dan Gerber, Martin Grossman, 7:30 p.m., 802 Monroe. Men's Basketball - vs. Minnesota, 8:05 p.m., Crisler Arena. LSA - Public Hearing on possible discontinuance of the Geography Department, 9 a.m.-1 p.m. To submit items for the Happenings Column, send them in care of: Happenings, The Michigan Daily, 420 Maybard St., Ann Arbor, MI. 48109. under f ire (Continued from Page 1) passage, which was only one of several errors that showed up on the final copy. "I am infuriated by the possibility that this mistake was deliberate," said Breakstone in reference to the allegations that Schaper added the sen- tence to the passage. "We made it very clear that we didn't want the word 'retain,' " said MSA member Bruce Brumberg. "I don't know where that last sentence came from." MSA Secretary Janny Smith said she typed the corrections for the final copy from a list Schaper gave her. "I vaguely remember that it was sort of strange that it was there," said Smith. 'It sounded out of place." Breakstone said it was certain that MSA would revise the code to correct the contested passage and several other mistakes that appear to be typographical errors. The wording of the code must be as clear as possible to ensure MSA, can- didates, and poll workers do not com- mit infractions through misinter- pretations. MSA had serious problems with poll infractions during its 1979 elections, when some workers allegedly promoted candidates and candidates violated rules requiring them to be at least 50 feet from a polling place. INTERNATIONAL CAREER? A representative will be on the campus THURSDAY MARCH 12, 1981 to discuss qualifications for advanced study at AMERICAN GRADUATE SCHOOL and job opportunities in the field of INTERNATIONAL MANAGEMENT Interviews may be scheduled at CAREER PLANNING & PLACEMENT AMERICAN GRADUATE SCHOOL OF INTERNATIONAL MANAGEMENT Thunderbird Campus Glendale, Arizona 85306 RESORT HOTEL & COUNTRY CLUB SUMMER EMPLOYMENT NIPPERSINK MANOR-Large Resort Hotel in Southeastern Wisconsin has openings for: uAA UwYlCerE' ADA A flhOC nQm/lc Dr LCn u A A Eu w ' UUPrurM