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USAGE The phrase was coined to mock the economic inequality that some say started with Ronald Reagan's "trickle down" theory. But this is, at best, an imprecise analogy, because money isn't flowing from poor people's pockets straight to the rich: the pie is getting bigger for everyone. From 2000 to 2005, pretax income for the bottom half grew 15.5%. The rich just got a larger cut of overall growth (a 19% gain for the richest 1%). Perhaps better, then, to call it the big-slice theory...

Author: /time Magazine | Title: Dashboard: Nov. 5, 2007 | 10/25/2007 | See Source »

Outsiders and rebels add drama to political life. They also often fail. Clinton, Greeley and Willkie lost their respective elections and had little effect on the parties that they had represented. Only Reagan reached the White House and left a permanent mark on politics. An argument that Alexis de Tocqueville made about history applies to political parties as well: aristocratic ages are shaped by a few individuals; democratic ages, by many acting at once. Parties are mule teams with millions of mules. It takes a great deal to get them to change direction...

Author: /time Magazine | Title: Unlikely Nominees | 10/18/2007 | See Source »

With former Sen. Fred D. Thompson (R-TN) officially in the race and painting himself as Reagan reheated, Giuliani’s lead has slipped but lingers still. The resilience of the former mayor’s candidacy in the evangelical community has revealed for certain something the rest of America only suspected: that even the Bible Belt would unbuckle and do drag to keep its foot in the White House door...

Author: By James M. Larkin | Title: For Thirty Pieces of Silver | 10/18/2007 | See Source »

...Reagan v. Brissey, the Supreme Judicial Court ruled in 2005 that a park at the center of a mid-19th century housing development cannot be built upon because the way in which the development was marketed implied that the space would never be sold...

Author: By Paras D. Bhayani and Nicholas K. Tabor, CRIMSON STAFF WRITERSS | Title: Residents Sue to Protect Park | 10/18/2007 | See Source »

...Hamre is about as far as you can get from the man who oversaw the Policy Board until 2004: Reagan Pentagon official and neo-conservative hero Richard Perle. Hamre runs the distinctly moderate and internationalist Center for Strategic and International Studies, had a hand in organizing the Iraq Study Group, and has served on a number of advisory commissions about Iraq for the last few years. He is on any reasonable person's shortlist to be Gates' replacement as Defense Secretary in a Democratic administration. Hamre, from South Dakota, is an affable 57-year-old who is known...

Author: /time Magazine | Title: Gates' Pentagon Shakeup | 10/18/2007 | See Source »

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