Under Mr. Reagan, the misery index has risen for the poor. The danger index has risen for everybody. Under this administration, we've lost the lives of our boys in Central America and Honduras, in Grenada, in Lebanon, in nuclear standoff in Europe. Under this Administration, one-third of our children believe they will die in a nuclear war. The danger index is increasing in this world. All the talk about the defense against Russia; the Russian submarines are closer, and their missiles are more accurate. We live in a world tonight more miserable and a world more dangerous.

While Reaganomics and Reaganism is talked about often, so often we miss the real meaning. Reaganism is a spirit, and Reaganomics represents the real economic facts of life. In 1980, Mr. George Bush, a man with reasonable access to Mr. Reagan, did an analysis of Mr. Reagan's economic plan. Mr. George Bush concluded that Reagan's plan was ''voodoo economics.'' He was right. Third-party candidate John Anderson said "a combination of military spending, tax cuts, and a balanced budget by '84 would be accomplished with blue smoke and mirrors." They were both right.

Mr. Reagan talks about a dynamic recovery. There's some measure of recovery. Three and a half years later, unemployment has inched just below where it was when he took office in 1981. There are still 8.1 million people officially unemployed; 11 million working only part-time. Inflation has come down, but let's analyze for a moment who has paid the price for this superficial economic recovery.

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