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Think Progress rounds up an absolutely delicious set of quotes from a recent Fareed Zakaria interview with President Reagan’s former budget director:

– We need “a higher tax burden on the upper income.”

– “After 1985, the Republican Party adopted the idea that tax cuts can solve the whole problem, and that therefore in the future, deficits didn’t matter and tax cuts would be the solution of first, second, and third resort.”

– The 2001 Bush tax cut “was totally not needed.”

– On claims that Reagan proved tax cuts lead to higher government revenues: “Reagan proved nothing of the kind and yet that became the mantra and it just led the Republican Party away from its traditional sound money, fiscal restraint.”

– Former Vice President Cheney “should have known better” than claim the Bush tax cuts would pay for themselves.

– “I’ll never forgive the Bush administration and Paulson for basically destroying the last vestige of fiscal responsibility that we had in the Republican Party. After that, I don’t know how we ever make the tough choices.”

Watch it:


{ 1 comment }
  1. Lev says:

    Dave Stockman has been saying this stuff for years, but that doesn’t make it any less true. I’m of the opinion that every quote like this is one chip away from the wall of cognitive dissonance that Fox and their compatriots have carefully built up, so I say bring it on.

    Stockman’s story is pretty rich with irony, actually. It goes back to 1932, when FDR picked a young fiscal conservative named Lewis Douglas as his budget chief. Douglas turned out to be a sop to the Dixiecrats and was routinely ignored by Roosevelt until he quit, at which point he became a Roosevelt opponent from the right. Fast-forward to 1980, when an FDR-worshipper named Ronald Reagan has just won the presidency (though, obviously, Reagan hardly agreed with Roosevelt’s policies once he got power). Reagan fancied himself as a conservative Roosevelt and consciously evoked FDR by appointing David Stockman, a young fiscal conservative that even resembled Douglas a little bit, as his budget chief. Stockman stayed for a few years before getting disenchanted, blabbing to the press and quitting, and then going on to oppose Reagan from the right. Though, of course, Stockman was a real balanced-budget conservative and not a starve-the-beast conservative. The Stockmans of the world I can live with.

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