The Michigan Daily-Friday, August 13, 1982-Page 3 NEW LOCATION TO FEATURE INCREASED BOOK DISCOUNT IN FALL Business is booming at U-Cellar By GREG BRUSSTAR After less than a month at a new off- campus location, employees and management of the University's non- profit student bookstore yesterday said that increased sales wil enable them to offer greater textbook discounts this fall. "Relative to the Michigan Union, business is extremely- good," said Bruce Weinberg, manager of the University Cellar bookstore. "It is up about 25 percent," he added. WEINBERG -.attributed the sales in- crease to the stores move from the Union to a new E. Liberty St. location. "More people have walked by this location this summer than they did over at the Union. But, we don't know if that'll be true in the fall. We'll have to wait until the students come to town," Weinberg said. Weinberg added that the Cellar is going to offer a 10 percent discount on textbooks in the fall isntead of the usual 5 percent discount. "We're doing it as an extra promotion to draw students over to the new location," he said. The Cellar's new line of Michigan in- signia clothing, - which _it was prohibited from selling at its Union location due to terms of its lease - is selling "really well," Weinberg said. The store hopes to make up extra costs associated with the textbook discounts from more sales of clothing,VWeinberg added. ACCORDING to Lynn Marie Graham, U-Cellar cashier, it's "busier over here. Sales are good, especially with the Michigan items," and added that the new location attracts more non- uoily Photo by DOUG McMAHON EMPLOYEES AT the University Cellar bookstore, pictured here at the new E. Liberty location, are optimistic that sales will continue to increase in the fall. student customers. Julie Smith, a Cellar employee, said that students will find the book depar- tment more convenient at the new location. "We have more shelf space than in the ballroom. And we're arranging the books by course number instead of general categories." Accor- ding to Smith, the store is in the process of stocking textbooks for the fall and should have a complete inventory available by Labor Day. Customers find the new store more spacious and attractive than the old one, employees said. With wall-to-wall carpeting and orderly display shelves on three floors, the management is hoping to present a new image. "WE'RE optimistic that students will come here and see how attractive the store is," he added. The U-Cellar moved out of the Union on June 20 because it would not accept a 65 percent rent increase. In addition, the Cellar was asked to pay for ap- proximately $300,000 in Union renovations for its section of the building. On June 21, the Cellar was informed by the city-that their new location would have to have a sprinkler system, emergency lighting, and plumbing renovations added to meet building codes. The Cellar rented a space in Lorch Hall for three weeks in order to sell course books before opening at their new location on Liberty and Division. 'U' economists oppose balanced budget plan By SCOTT STUCKAL Although the debate over a balanced budget amendment continues in the halls of Congress, the verdict from economists at the University is clear - forget it. University economics professors are overwhelmingly against the proposed constitutional amendment currently before the House, and have drafted and signed an open letter to inform lawmakers of their sentiments. "THIS amendment would put the country in an economic striaght- jacket," said economics Prof. Saul Hymans, one of those who signed the letter. According to Hymans, a respected economic forecaster, an amendment requiring a yearly balanced budget would not allow federal fiscal policy enough flexibility to adjust to sudden changes in the national economy. The open letter to Congress was singed by more than 200 economists across the nation, including six American Nobel Prize winners in economics. It was written and distributed by economics Prof. Gar- dner Ackley, who served as chairman of the Council of Economic Advisors under President Johnson. THE TEXT of the letter stresses that the amendment requires "an im- possible accuracy in economic forecasting" to predict how our economy will perform and what the deficits or surpluses will be, "The budget has to more responsive to the needs of the economy, not less," said Hymans. "This would be harmful to the economy. It wold be impossible to come up with the economic predic- tions necessary to make this work. It's not really operational." While the proposed amendment does allow budget deficits if a sufficient majority of Congress votes for them, Hymans aid "that's not a good enough escape clause." THE LETTER also said it would be an improper function of the judicial branch of government to mediate disputes about economic policy. "It's not the sort of thing one puts in the Constitution," said economics Prof. Theodore Bergstrom, who did not sign the letter, but still opposes the amen- dment. Earlier this month, Ackley testified before the house judiciary committee which is presently considering the bill, and explained why he opposes it. "IT IS EASY... to hypothesize that the deficits are responsible for our poor economic performance. That hypothesis ... is basically erroneous," Ackley told the representatives. Ackley said he believes poor economic performances create the deficits because they decrease government revenues while increasing the need for governmentspending. According to some of the professors the bottom line of the proposed amen- dment is not budgetary, but political. Doily Photo by DOUG McMAHON Sweeping up A local road worker uses an industrial-size vacuum yesterday to clear away rocks and debris on Division St.