Word: voodooed
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Democratic Presidential Front Runner Walter Mondale also flew to Minneapolis last Thursday, countering the President with his own news conference. He attacked Reagan for offering empty rhetoric - "voodoo education" policies, he has called them -for a crisis that the former Vice President believes requires generous federal aid. "He's willing to fight to the death on the MX," Mondale said, "but he won't lift a finger for education." Not since Sputnik's triumphant flight in 1957 rattled Americans' faith in their public schools has there been such a clamorous national debate on education. With dueling...
...raise $30 billion in new revenues, perhaps by limiting the 10% income tax rate cut due to take effect in July, and to restore funds that have been cut from such domestic programs as child nutrition, food stamps and social services. "We know that behind the smokescreen of voodoo economics is the real need to make tough choices," said O'Neill in announcing the Democrats' version of the budget...
Unemployment hits a post-war high of 14 percent. Vice President Bush is sent to Haiti in search of voodoo economists...
...Reagan's apparent move away from the influence of supply-side economists, who favor tax cuts and play down the impact of budget deficits. Said Donald Trott, a market strategist for the A.G. Becker investment firm: "Increasingly, people in the financial community feel that supply-side economics is voodoo economics. The determination with which the President pursued passage of his tax legislation has sent the message that he is turning to a more conventional policy...
...year later, the same script is being replayed in gruesome detail. An economy teetering on the brink of Depression has revealed the true fruits of "voodoo economics," yet this year, House Democrats were so eager to pass the Administration's tax bill word-for-word that they saw no reason to even debate it, let alone observe the lower chamber's Constitutional responsibility to initiate tax legislation! And so Americans will be hit with the largest tax increase in their history--this from the man who promised to "reduce the burden of the federal government"--largely in the form...