Word: stockmans
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...David Stockman's kiss-and-tell memoir seems headed for a quick public success --it will be No. 1 on the New York Times best-seller list and No. 2 on TIME's list next week--rivaling the succes de scandale it is enjoying in / Washington. The former head of the Office of Management and Budget has set tongues wagging with his contemptuous descriptions of his former colleagues and his odd self-portrait. Stockman, according to Stockman, was at once an arrogant ideologue and "a veritable incubator of shortcuts, schemes and devices to overcome the truth"--the truth in this...
...beyond the titillating personal tidbits, Stockman is arguing a serious point, as indicated by his title, The Triumph of Politics: Why the Reagan Revolution Failed. The revolution, in his view, was intended to dismantle the welfare state and replace it with a minimalist Government that would do little more than keep law-and-order. Capitalism, freed of wasteful spending schemes and pepped up by tax cuts, would go on to produce prosperity for all. But his colleagues, up to and including the President, had only the dimmest idea of what it was they were supposed to be doing. They would...
...nothing more than a device for applying pressure. As they see it, when the pressure gets high enough a few months from now--meaning when enough special- interest groups rise in rebellion against the threatened cuts--there will occur, as if by magic, what former Budget Director David Stockman used to call "the big fix." This comes when everybody reluctantly agrees to both some budget cuts and some tax increases. One formula being mentioned is known as 20-20-20, meaning $20 billion in new taxes and $20 billion less for both military and nonmilitary spending...
...spring 1987 publication, Pickens is writing the book with Joe Nocera, a senior editor for Texas Monthly. The two men have some 20 hours of tapes from chats on Pickens' plane, his ranch and elsewhere. The contract is less than the $2 million that Harper & Row is paying David Stockman, the former White House budget chief, for his memoirs, but that is no problem. Says Pickens: "At least it's more than Tip O'Neill is getting." The retiring House Speaker was paid just $1 million for his book...
...President. Apparently unwilling to encourage any potential challengers, Regan has limited the power of the few veteran hands he has recruited to the White House, including Political Adviser Ed Rollins and Legislative Strategist Max Friedersdorf. Both plan to leave before the end of the year. With Budget Director David Stockman already gone and White House Counsel Fred Fielding expected to depart, the quality of advice reaching the President is slipping...