

#3935
Mentioned in 7 episodes
THE TRIUMPH OF POLITICS
Why the Reagan Revolution Failed
Book • 1986
In this book, David Stockman provides an insider's account of the Reagan administration's fiscal policies and the reasons behind their failure.
Stockman details the dueling delusions between President Ronald Reagan and himself: Reagan's economic delusion that taxes could be cut, military spending increased, and the budget balanced without cutting popular domestic programs, and Stockman's political delusion that such cuts could be implemented in the U.S.
democratic system.
The book highlights the challenges of budgeting during the era of disinflation and the role of Federal Reserve Chairman Paul Volcker.
It also discusses the political realities that prevented deep spending cuts and led to significant increases in the national debt.
Stockman details the dueling delusions between President Ronald Reagan and himself: Reagan's economic delusion that taxes could be cut, military spending increased, and the budget balanced without cutting popular domestic programs, and Stockman's political delusion that such cuts could be implemented in the U.S.
democratic system.
The book highlights the challenges of budgeting during the era of disinflation and the role of Federal Reserve Chairman Paul Volcker.
It also discusses the political realities that prevented deep spending cuts and led to significant increases in the national debt.
Mentioned by
Mentioned in 7 episodes
Mentioned by 

, David Stockman wrote about Ronald Reagan's efforts to reduce the size of government.


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, who says it is a great book.

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while discussing government spending and the challenges of achieving efficiency in Washington.


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when discussing the Reagan revolution and its failure to reduce government spending.


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when discussing the political derailment of the movement to reduce the size of government.


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, it describes how the Reagan revolution was derailed by politicians.


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as the author of a book describing the derailment of the Reagan revolution.


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in the context of past attempts at federal spending reform and the challenges faced by those efforts.

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