Word: stockmans
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...wielding budget director David Stockman's proposed cuts in social spending are intended to reduce inflation rates by eliminating the artificial demand for unproductive services. Conservative economists say these federal spending cuts will allow room in the currently services-bloated economy for investment in the private sector to effect greater output and create more employment. They see a long-term decline in interest rates arising from reduced spending as perhaps the greatest stimulus to increased investment and greater productivity that will reduce inflation...
William Safire, columnist, describing budget-slashing OMB Director David Stockman: "A blow-dried Grim Reaper...
During the 1980 presidential campaign, Reagan assured autoworkers that he would give relief from the onslaught. But the Administration is now deeply split over the question. Free traders, including Budget Director David Stockman, have argued with a protectionist-minded group headed by Transportation Secretary Drew Lewis over whether to press Japan to restrain imports "voluntarily." Attorney General William French Smith added to the confusion last week by releasing a memo arguing that any such deal would violate U.S. antitrust rules. The Cabinet last Thursday discussed a report that presented options ranging from legal limits on Japanese auto imports...
...there are even advertisements. The simplest, four by six inches, reads, "There is opportunity in America." Slightly more detailed, a subscription ad for "Policy Review" magazine, lists the endorsements of the aforementioned Mr. Tyrell, Sen. Danial P. Moynihan (D-N.Y.), Sen. Orrin Hatch (R-Utah) and David Stockman, director of the Office of Management and Budget. Stockman is especially enthusiastic about the publication--"A most stimulating reading experience," he bubbles...
Leading the drive to free natural gas prices is David Stockman, the Director of the Office of Management and Budget. As the strongest voice in the Cabinet on economic matters and a committed proponent of letting market forces work as freely as possible, Stockman so far is overshadowing Reagan's Secretary of Energy James Edwards as chief Administration counselor on energy policy...