Are DUers watching Stockman on Fareed Zakaria

[malaise]

Cheney said Reagan proved deficits don't matter - he should have known better.


He says we are paying for 30 years of excess. I wish I could laugh.
Said Bush destroyed the last vestige of fiscal responsibility in the ReTHUG party.

sp., add

[pinto]

1. Yeah. (It's the one Sunday show I watch. Always interesting, imo.)

Runs 10 - 11 AM on the US West Coast.

:thumbsup:

[OneGrassRoot]

2. Here's a link:

Reagan Budget Director: GOP Has Abandoned Fiscal Responsibility By Adopting ‘Theology’ Of Tax Cuts

As Congress prepares to take up extension of the Bush tax cuts during its lame duck session, Republican lawmakers have been unanimous in demanding that the cuts for the richest two percent of Americans be extended, claiming they are necessary for economic growth and that tax cuts (miraculously) pay for themselves.

While independent economists have shown these arguments to be false, today on CNN’s Fareed Zakaria GPS, President Reagan’s former budget director took on his own party for pushing this faulty logic. David Stockman, who led the all-important Office of Management and Budget under Reagan and was a chief architect of his fiscal policy, criticized today’s GOP for misreading Reagan’s legacy by adopting a “theology” of tax cuts. Stockman has spoken out before, but took perhaps his strongest stance yet against his own party today, saying “I’ll never forgive the Bush administration” for “destroying the last vestige of fiscal responsibility that we had in the Republican Party.” He also broke with Republican orthodoxy on a number of key issues:

http://thinkprogress.org/2010/11/28/stockman-slams-gop-taxes/

[malaise]

3. I'm betting M$Greedia bury this

Should be fun to watch.

[underpants]

4. Stockman was the "whiz kid" who "wowwed" Congress and set this all in motion

Yes he relented on the the ridiculous claims in about 5 years but he is not without stain in this entire calamity