Word: stockmans
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...LAST DECEMBER'S Atlantic interview. David Stockman referred to a "swamp of $10-20-30 billion of waste" in the Pentagon budget. To drain that swamp. Stockman proposed to President Reagan significant cuts in the defense budget. Despite his arguments, and the prospect of an ever-growing federal budget deficit, Reagan sided with Defense Secretary Caspar Weinberger '38 and his grandiose plans for rearmament at a fantastic cost: $1.6 trillion over the next five years...
...amount staggers the mind, so much so that Congress and the public have been unwilling to look at the specifies of the Reagan proposal. But scrutiny of defense spending-carried out with the same intensity as Stockman's microscopic dissection of social programs--is long overdue...
...times for new playwrights and non-commercial theaters, how could we justify our inordinate fondness for the costly iron-clad stagings of ten Victorian crowd-pleasers. What could we say to defend our cherished tradition and its domination of artistic resources that would not make us sound like David Stockman...
When Budget Chief David Stockman was quoted in the Atlantic Monthly last year as saying that President Reagan's policies were a disguised form of "trickle-down" economics, Democrats and many Republicans were outraged. Stockman seemed to be advocating a conservative strategy that had long ago fallen into disrepute: stimulate economic growth by giving tax breaks to the rich and letting benefits trickle down to the poor...
...Charles Murray, an M.I.T. educated political scientist who has delved into the statistics on poverty, has written an unflinching defense of trickle-down economics. In an essay distributed by the conservative Heritage Foundation, Murray argues that Stockman should never have been taken to the woodshed...