Thursday, June 28, 2007

"A Trojan Horse"

From The Clothes Have No Emperor, pg 32:

11/10[1981] President Reagan elicits hoots of laughter at his fifth press conference when he says of his constantly feuding aides, "There is no bickering or backstabbing going on. We're a very happy group."

As he leaves, Lesley Stahl holds up a copy of the just-out Atlantic Monthly featuring William Greider's article "The Education of David Stockman," in which the chatty Budget Director:

--Admits, "None of us really understands what's going on with all these numbers"
--Acknowledges that supply-side economics "was always a Trojan horse to bring down the top rate"
--Says of the Reagan tax bill, "Do you realize the greed that came to the forefront? The hogs were really feeding."

Is the President aware of this article? He is not.

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