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Fed's Reduction of Interest Rate

January 01, 1992

President Bush and Congress are talking about jump-starting the economy.

Just how many jump-starts will be wasted on a battery with a dead cell?

Every second of every hour, money is pouring into a funnel just to pay the interest on our national debt.

While President Bush and his advisers and the leaders of Congress are kicking tires, they don't seem to realize that the federal engine needs a complete overhaul.

JAY HANDELSMAN

La Mesa

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