The Other Side of the `Clintonomics' Coin

August 5, 1992

Regarding the Opinion page article "Clintonomics: a Loser," July 15: As an economics adviser to former President Reagan, Beryl W. Sprinkel is presumably one of the architects for our present economic crisis and hardly a credible critic of Gov. Bill Clinton's proposals for mitigating that disaster.

Mr. Sprinkel clings to the old "trickle-down" theories that have bankrolled only the very wealthy while bankrupting the country. Whether Mr. Clinton's strategies will work for America remains to be seen, but they are based, in large part, on observations of what has worked in Japan and Germany, whose economic successes are well known. Kathe Geist, Nagoya, Japan

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