Campbell University - Pine Burr Yearbook (Buies Creek, NC)

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Al the reception in the Trustee Room, Mr. |ames Mclntyre. Director of tlie Office of Management and Budget under President Carter, answers ques- Concluding the 1982 Sy mposium, Mr. |ude Wan- niski. 1980 Republican Economic Campaign Ad- visor, addresses Supply-Side Economics and the Reagan Administration. Symposium 21

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Reaganomics: Boom or Doom? Campbell University ' s Student Government Association in cooperation witii the faculty presented a Spring Symposium that examined this thing called Reaganomics. Three guest speakers were called in to evaluate Reaganomics and New Federalism, and then they responded to questions posed by members of the audience. Beginning the symposium, Mr. Paul Essex discussed The Impact of Reaganomics on State and Local Governments. Commenting on the New Federalism of Reaganomics, he said, We feel that the New Federalism must take a back seat to the priority of getting the economy in line. He continued by relating that budget cuts are counter-productive to the priority of getting the economy going. He compared New Federalism to rearranging the furniture while the house is burning down. and he called for a balanced federal budget. Following this lecture, Mr. James T. Mclntyre, Jr. spoke on Reaganomics: A Trojan Horse? He began by calling for a balanced budget saying that the country cannot stand four more years of $100 billion deficits. Criticizing President Reagan, he pointed out the President ' s campaign promises to unshackle the private sector, cut federal spending, balance the budget by 1984 and increase by 7% per year the real growth of military spending. Mr. Mclntyre said, Thus far we have seen an increase in military spending and a massive shift in social welfare and educational programs to the states. Yet, we still face high interest rates, 8.8% unemployment. Industry continues to suffer from high interest rates and. unfortunately, with the unpredictable trends this year, the small businessman faces great troubles in the future. He concluded his lecture by saying, Reaganomics is a made up economy without a functioning parachute. Jude Wanniski, founder and president of Polyconomics, Inc, a political, economic and communications advisement firm, concluded the symposium with his discussion of Supply-Side Economics and the Reagan Administration. He began by calling for a return to the gold standard in the United States. Mr. Wanniski criticized the floating dollar policy of the Nixon era saying that our Dollar is no longer defined as anything. The dollar is worth what Paul Volcker says it is going to be after he has breakfast. He defended his call for a return to the gold standard because people would be willing to lend money over longer periods and with lower interest rates due to a more credible currency. He claimed his policy would put an end to deficits and produce budget surpluses by the late 1980 ' s. The symposium explored both sides so that one could formulate a better opinion. As for Reaganomics, only time can answer this most perplexing question. Mr. Paul Essex, Special Assistant to Governor Hunt for Intergovernmental Relations, addresses the students and faculty. Dr. Donald Penny, a religion professor, takes advantage of the question and answer period at the symposium lecture.

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Spring Festival 1982; A Hypnotist, bands, and races Casual observers on campus during the Spring Festival might get the impression that no work and all play are two areas of concentration for Campbell students. This was not the case however as students had to work and play hard to attend the many activities of Spring Festival week. Dolly Parton began the festivities on Sunday night as students went to Turner Auditorium to view her performance in the hit movie Nine to Five. Students jammed Turner on Monday night for the electrifying performance of The Voltage Brothers from Atlanta, Georgia in one of the best responses to a concert that Campbell has seen in a long time. Enthusiastic shouts, hand clapping and dancing in the aisles were the norm as everybody got down to the Brothers rendition of well known songs as well as some of their own material. Tuesday night brought Tom DeLuca, hypnotist and comedian who played to an overflow crowd of around 1000 people in Turner Auditorium. After performing a few mind reading tricks that loosened up the audience, he placed about a dozen student volunteers under hypnosis. He took Cricket Henderson fishing, and she cried when she broke her pole. Tony Fenn was returned to the age of five years and drew stick figures on the blackboard. He made David Hinkamp believe his name was Mary Jane and concluded the show by having the students perform a disco routine to the delight of the audience. After a day of rest on Wednesday the students got together on Thursday to compete in teams and enjoy the spring sunshine. Teams consisted of five men and five women and included such events as the egg toss, the lifesaver pass, the coed wheelbarrow race, the three legged race, the volleyball carry between the knees race and the carrying of a water balloon under the throat race. Alfreda Cox ' s team was the victor of the field day events. The Collegiate Club sponsored a Get Hitched Here booth where prospective brides and grooms could exchange vows and receive a marriage certificate for two bits. More prosperous students could arrange for a color photograph of the event for the grand sum of $1.00. Rounding out Thursday ' s activities, the Travelling DJ ' s provided music for a dance in Carter Gym. Students saw the movie Die Laughing in Turner Auditorium on Friday night. The week concluded with a fifty mile bike race on Saturday morning followed by an afternoon pig-picking at Marshbanks. Cold weather and high winds forced the beach music concert into Carter Gym where the Chairman of the Board entertained everyone and a shag contest concluded the concert. Yes, it may have appeared to the casual observer that things weren ' t quite normal on campus this last week and they were right. In addition to attending classes, the students had celebrated the joy of spring ' s return. 22 Spring Festival Wesley lemigan and Ralph Taylor quickly do re- pair work on their bike so that they can get back into the Little 500 race. Vanessa Smith, lean Lamson, Charles Clark. Chris Teaslev, limmy Charles and Shawn Young place in the race. Each receives a medal for their win.