Posted on 03/27/2007 2:58:40 PM PDT by freemarket_kenshepherd
Yesterday's indictment of former Reagan budget director David Stockman was cause enough for the Washington Post's Jeffrey Birnbaum to use Stockman's personal ethical and possibly criminal lapses in the private sector as a way to lodge liberal attacks on the Reagan tax cuts. But that was just the beginning for Birnbaum, who, in a Washington Post chat later that day, said that "without question, the Reagan tax cuts went too far."
Four paragraphs into his March 27 Business section story, Birnbaum found a Stockman critic to assail the Reagan fiscal policy that Stockman defended in the late president's first term.
"I have vivid memories of his misusing and misstating data and using obviously phony economic forecasts," said veteran budget analyst Stanley E. Collender. "You wonder if those were habits that stuck with him when he became a Wall Street deal-maker."
Collender may be a crack budget analyst, but he's also politically active. A search of OpenSecrets.org found Collender gave $1,000 to Hillary Clinton (D-N.Y.) in her first Senate race in 2000. [end excerpt, more at NewsBusters]
(Excerpt) Read more at newsbusters.org ...
If it wasn't for Reagan, Birnbaum would probably be speaking Russian in some labor camp right now.
I agree - revenues to the government went up way too much under Reagan....... /sarc
The fact that we still have an income tax means the tax cuts haven't gone far enough.
Yeah, the 70% tax rates and stagflation days were so much better *sigh*.
I agree 100%, I have far too much money, I need the government to take it from me before I do something frivolous like buy groceries or give to charity. /s
The liberal media can't contain themselves. They can't stop talking about how the indicted Stockman was Reagan's budget director.
What they forget to mention is that Reagan "took Stockman to the woodshed" after he criticized Reagan's policies. Stockman became an instant hero of the liberal media. And now the media's hero has been indicted.
Yeah, Jeffrey, and that 18 year rabid bull market that Reagan's pro-growth tax-cuts ushered in -- that was terrible for America. What a numbskull.
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