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...know, Paul, Reagan proved deficits don't matter," Vice President Dick Cheney famously told George W. Bush's first Treasury Secretary, Paul O'Neill. Cheney, who rarely allows facts to get in the way of a good ideology, was retailing a myth. Ronald Reagan is remembered for the massive tax cuts passed during his first year in office. But since deficits do matter - and since Reagan's so-called supply-side cuts blasted an enormous hole in the budget - the President had to come back in 1982 with the largest peacetime tax increase in American history: the Tax Equity...

Author: /time Magazine | Title: Health Care: Do the Right Thing on Taxes | 10/29/2009 | See Source »

...column, but the incident is likely to end with a slap on the wrist. Even as the outrage over her column continues, there's a growing backlash against her leading critics. Comedic actor, writer and Twitter pioneer Stephen Fry has come in for the most censure. Columnist Brendan O'Neill wrote that Fry had used Twitter as a "virtual lynch mob" that had set press and speech freedoms back...

Author: /time Magazine | Title: Should Bigoted Speech Be Free? A Debate in Britain | 10/22/2009 | See Source »

...Originally planned to go to medical school, but grew interested in space exploration as a career during high school in the early 1970s through reading the works of the American physicist Gerard K. O'Neill...

Author: /time Magazine | Title: Accused Spy Stewart Nozette | 10/21/2009 | See Source »

...EILEEN O'NEILL, president and general manager of cable network TLC, downplaying Jon Gosselin's decision to leave the reality show Jon & Kate Plus 8, which followed the Gosselins' lives as they raised eight young children. The couple announced their separation in June; a new version of the show, retitled Kate Plus Eight, will premiere...

Author: /time Magazine | Title: Verbatim | 10/12/2009 | See Source »

Claire's old-fashioned father Jay and his passionate Colombian bride Gloria, meanwhile, light up the screen because of the inspired pairing of character actor Ed O'Neill and comic bombshell Sofia Vergara. It's Jay's son Mitchell (Jesse Tyler Ferguson) and his partner Cameron (Eric Stonestreet)--the least conventional couple--who have the most familiar relationship, squabbling and correcting each other as comfortably as retirees on their golden anniversary...

Author: /time Magazine | Title: Yes, We Kin | 9/28/2009 | See Source »

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