Word: stockmanisms
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...David Stockman, your choice to run the Office of Management and Budget, and Congressman Jack Kemp are talking about declaring a national emergency on the economic front. Have you decided to do that...
...experience and temperament. Several of the appointees are members in good standing of the Establishment, and five even attended that citadel of Eastern elitism, Harvard: Defense Secretary Caspar Weinberger, Treasury Secretary Donald Regan, Attorney General William French Smith, Transportation Secretary Drew Lewis, Management and Budget Director David Stockman. A few have had Washington experience: Secretary of State Alexander Haig, Weinberger, Kirkpatrick and Watt. Others are outsiders: Secretary of Labor Raymond Donovan, Block and Edwards. The Cabinet is also divided between managers such as Regan and Weinberger and conceptualizers like Kirkpatrick and Stockman, who can be counted...
Meanwhile, the incoming Reagan Administration, which will inherit these economic problems in less than a month, is beginning to tone down its economic rhetoric. The suggestion by David Stockman, the newly appointed budget director, and New York Congressman Jack Kemp, that Reagan should declare a national economic emergency to prevent a "G.O.P. economic Dunkirk" may be quietly dying. Arthur Burns, former Federal Reserve chairman and a sometime Reagan adviser, said it would be "unwise" for the new President to initiate any sweeping new measures. Stockman is now staying out of the public eye amid reports that other Reagan officials found...
...board agreed that the weakened U.S. economy simply cannot endure many more shocks and setbacks like those that have afflicted it for the past two years. The tone of the meeting, the fourth and final of a troubled year, was similar to that set by David Stockman, Ronald Reagan's designated new budget director, and New York Congressman Jack Kemp. Three weeks ago, they sent Reagan a 23-page memo in which they called for the declaration of a state of national emergency to avoid an impending "economic Dunkirk." Those two words already threaten to become what might...
...Stockman is the youngest Cabinet member named so far. The son of a Michigan farmer, he was an antiwar activist as an undergraduate at Michigan State University, and studied at Harvard Divinity School. A bachelor, he is a workaholic who shuns receptions and cocktail parties...