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Wow..he's only several decades to late..
Wow..he's only several decades to late..
Stockman said it when he was Reagan's budget director.
He detailed the surreal arguments in his autobiography.
Wow..he's only several decades to late..
Stockman said it when he was Reagan's budget director.
He detailed the surreal arguments in his autobiography.
Well, who was he talking too?
The fly on the wall doesn't count.
It's yesterday's news but it details how that piece of shit Reagan sold the nation down the toilet.
Stockman said it when he was Reagan's budget director.
He detailed the surreal arguments in his autobiography.
Well, who was he talking too?
The fly on the wall doesn't count.
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?
Well, who was he talking too?
The fly on the wall doesn't count.
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?
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.
David Stockman was President Reagan's OMB Head from 1981-1984, and the economist who planned Reagan’s economic policy. Stockman described his plan as a radical economic revolution that would cause short-term pain for some, but produce long-term benefits for all. The revolution failed because political reality got in the way, and because the men he worked with were not policy men or economists, but politicians with constituencies and project preferences of their own. Stockman is an economic and ideological purist. He seems to see numbers as being more tangible than people are, but he is intellectually consistent. He listed a host of corporate welfare giveaways with the same tone of outrage that he treated social welfare.
Stockman’s view corresponded with Hamby’s, but he added that because society wants a welfare state, and because cutting funding for those programs are not democratically feasible, we must pay for it with taxes. The economic mess that began in 1981 occurred because President Reagan refused to raise taxes. The Urban Institute Report confirms this. The Economic Recovery Tax Act was responsible for long-term deficits, and a cumulative revenue loss of $300 billion by the end of 1984 and $1 trillion by the end of 1987.
The Laffer Curve (as Republicans envision it) is bullshit
Trickle-Down is bullshit
and
We need to cut defense spending
David Stockman - The Colbert Report - 12/2/10 - Video Clip | Comedy Central
The Laffer Curve (as Republicans envision it) is bullshit
Trickle-Down is bullshit
and
We need to cut defense spending
David Stockman - The Colbert Report - 12/2/10 - Video Clip | Comedy Central
I agree, but would add that we need to cut ALL spending, especially entitlement spending.
The Laffer Curve (as Republicans envision it) is bullshit
Trickle-Down is bullshit
and
We need to cut defense spending
David Stockman - The Colbert Report - 12/2/10 - Video Clip | Comedy Central
I agree, but would add that we need to cut ALL spending, especially entitlement spending.
Annie, "entitlement" refers to systems people PAY into. Social security, for an example, is an "entitlement." People are "entitled" TO it because they paid into it to FUND it.
I agree, but would add that we need to cut ALL spending, especially entitlement spending.
Annie, "entitlement" refers to systems people PAY into. Social security, for an example, is an "entitlement." People are "entitled" TO it because they paid into it to FUND it.
End them. SSI, Medicare, Medicaid:
AskMe: What are entitlements?
Wow..he's only several decades to late..
Annie, "entitlement" refers to systems people PAY into. Social security, for an example, is an "entitlement." People are "entitled" TO it because they paid into it to FUND it.
End them. SSI, Medicare, Medicaid:
AskMe: What are entitlements?
Okay, Annie. You Googled a link. Now explain it. What does it say to you?
Do you believe, for example, that those who paid into Social Security to fund the retirement of THIS generation of senior citizens should be left flapping in the wind in THEIR old age? Do you really?
I think if we're to end it, that I want every penny I paid into the system back with compound interest. That's what I think. And I want it NOW. And I want those seniors who collect it, and who never paid into it, to pony up and pay it back. You know, rich widows and widowers living off of spousal benefits.
Annie, "entitlement" refers to systems people PAY into. Social security, for an example, is an "entitlement." People are "entitled" TO it because they paid into it to FUND it.
End them. SSI, Medicare, Medicaid:
AskMe: What are entitlements?
Okay, Annie. You Googled a link. Now explain it. What does it say to you?
Do you believe, for example, that those who paid into Social Security to fund the retirement of THIS generation of senior citizens should be left flapping in the wind in THEIR old age? Do you really?
I think if we're to end it, that I want every penny I paid into the system back with compound interest. That's what I think. And I want it NOW. And I want those seniors who collect it, and who never paid into it, to pony up and pay it back. You know, rich widows and widowers living off of spousal benefits.
Annie, "entitlement" refers to systems people PAY into. Social security, for an example, is an "entitlement." People are "entitled" TO it because they paid into it to FUND it.
End them. SSI, Medicare, Medicaid:
AskMe: What are entitlements?
Okay, Annie. You Googled a link. Now explain it. What does it say to you?
Do you believe, for example, that those who paid into Social Security to fund the retirement of THIS generation of senior citizens should be left flapping in the wind in THEIR old age? Do you really?
I think if we're to end it, that I want every penny I paid into the system back with compound interest. That's what I think. And I want it NOW. And I want those seniors who collect it, and who never paid into it, to pony up and pay it back. You know, rich widows and widowers living off of spousal benefits.
Okay, Annie. You Googled a link. Now explain it. What does it say to you?
Do you believe, for example, that those who paid into Social Security to fund the retirement of THIS generation of senior citizens should be left flapping in the wind in THEIR old age? Do you really?
I think if we're to end it, that I want every penny I paid into the system back with compound interest. That's what I think. And I want it NOW. And I want those seniors who collect it, and who never paid into it, to pony up and pay it back. You know, rich widows and widowers living off of spousal benefits.
I've answered what I think should happen with SSI at least 15 times in the past how many years? I still think the same. Look it up.
Okay, Annie. You Googled a link. Now explain it. What does it say to you?
Do you believe, for example, that those who paid into Social Security to fund the retirement of THIS generation of senior citizens should be left flapping in the wind in THEIR old age? Do you really?
I think if we're to end it, that I want every penny I paid into the system back with compound interest. That's what I think. And I want it NOW. And I want those seniors who collect it, and who never paid into it, to pony up and pay it back. You know, rich widows and widowers living off of spousal benefits.
What about those who don't want it back but just want to opt out now? No entitlement and no future contributions.
Wow..he's only several decades to late..
Stockman said it when he was Reagan's budget director.
He detailed the surreal arguments in his autobiography.
Well, who was he talking too?
The fly on the wall doesn't count.
