From: Gregory Brown To: undisclosed-recipients:; Bee: [email protected] Subject: Reagan Insider: 'GOP Destroyed US Economy' Date: Thu, 06 Oct 2011 17:42:27 +0000 Attachments: Republican_Insider GOP_Destroyed_US_Economy_RSN_10_05_2011.pdf FYI The Writer David Alan Stockman (born November 10, 1946) is a former U.S. politician and businessman, serving as a Republican U.S. Representative from the state of Michigan (1977-1981) and as the Director of the Office of Management and Budget (1981-1985). hftp://readersupportednews.org/spinion2/279-82/7735-reagan-insider-gop-destroyed-us-economy Office of Management and Budget Stockman became one of the most controversial OMB directors ever during a tenure that lasted until his resignation during August 1985. Committed to the doctrine of supply-side economics, he assisted the approval of the "Reagan Budget" (the Gramm-Latta Budget), which Stockman hoped to be a serious curtailment of the "welfare state", gaining a reputation as a tough negotiator with House Speaker Tip O'Neill's Democratic- controlled House of Representatives and Majority Leader Howard Baker's Republican-controlled Senate. During this period, although only in his early 30s of age, Stockman became well known to the public during the contentious political wrangling concerning the role of the federal government in American society. Stockman's influence within the Reagan Administration decreased after the Atlantic Monthly magazine published the famous 18,246 word article, "The Education of David Stockman",W in its December 1981 issue, based on lengthy interviews Stockman gave to reporter William Greider. The White House's public relations team thereafter attempted to limit the article's damage to Reagan's perceived fiscal-leadership skills. Stockman was quoted as referring to Reagan's tax act as: "I mean, Kemp-Roth [Reagan's 1981 tax cut] was always a Trojan horse to bring down the top rate.... It's kind of hard to sell 'trickle down.' So t