According to Reagan's Budget Director,

Discussion in 'Economy' started by JBeukema, Dec 3, 2010.

  1. JBeukema
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    JBeukema BANNED

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  2. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Wow..he's only several decades to late..
     
  3. Toro
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    Toro Diamond Member

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    Stockman said it when he was Reagan's budget director.

    He detailed the surreal arguments in his autobiography.
     
  4. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Well, who was he talking too?

    The fly on the wall doesn't count.
     
  5. DaGoose
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    DaGoose Gold Member

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    It's yesterday's news but it details how that piece of shit Reagan sold the nation down the toilet.
     
  6. Barb
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    Barb Carpe Scrotum

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    He was talking to posterity, economic students, history students, policy students...I used Stockman's book as a major part of my Master's lit review. If hindsight is 20/20 vision, shouldn't the improved clarity of vision apply, where applicable, to foresight, especially where yesterdays tired and failed old arguments continue to be applied to the problems of the present?
     
  7. Barb
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    Barb Carpe Scrotum

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    It may be yesterday's news, the the meme (let the rich keep more of their money and they'll invest and create jobs) lives on. It was a major piece of ideology, and it is perpetuated beyond use or reason.
     
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  8. Sallow
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    Sure.

    But he knew the type of economics that Reagan was presiding over was complete lunacy while it was happening. So did Poppa Bush..although when he became President, he actually implemented fixes.

    It's kinda like an interview I saw with L. Paul Bremer who said that the Iraqi policy was a total tanglefuck. Well..that information would have been more useful while it was happening.
     
  9. Barb
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    Barb Carpe Scrotum

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    Okay, but if you read his book, he explains that he tried to impose order, and part of the reason he didn't continue in Reagan's second term was because they wouldn't listen to him / they weren't consistent.

    Those are two parts I have on Stockman, but what I remember of his book, he really tried to explain that 2 minus 5 does not equal 20. There was no way to continually raise the defense budget and reduce taxes (revenue, people, that's what taxes are, the stuff that pays for all our untouchable expenses).

    I forgot to address the main question, I'm sorry. People working within any administration do NOT publicly criticize while they are working within that administration. They just don't. I don't know that its any less disloyal after, but it is definitely less hazardous to one's present employment.
     
    Last edited: Dec 3, 2010
  10. Annie
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