Community hub
Recent from talks
Knowledge base stats:
Talk channels stats:
Members stats:
David Stockman
David Alan Stockman (born November 10, 1946) is an American politician and former businessman who was a Republican U.S. representative from the state of Michigan (1977–1981) and the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.
Stockman was born in Fort Hood, Texas, the son of Allen Stockman, a fruit farmer, and Carol (née Bartz). He is of German descent, and his family's surname was originally "Stockmann". He was raised in a conservative family in St. Joseph, Michigan; his maternal grandfather, William Bartz, was a Republican treasurer of Berrien County, Michigan for 30 years. Stockman was educated at public schools in Stevensville, Michigan. He graduated from Lakeshore High School in 1964 and received a BA in History from Michigan State University in 1968[citation needed]. He was a graduate theology student at Harvard University from 1968 until he left the university after 1969.
He served as special assistant to United States Representative and 1980 U.S. presidential candidate John Anderson of Illinois, 1970–1972, and was executive director, United States House of Representatives Republican Conference, 1972–1975.
In 1976, Stockman was elected from Michigan's 4th congressional district (in Southwest Michigan) to the House of Representatives for the 95th Congress. He was reelected in the two subsequent elections. In total, he served in the House from January 3, 1977, until his resignation on January 21, 1981, to accept appointment as Director of the Office of Management and Budget for President Ronald Reagan.
Stockman was one of the most controversial OMB directors ever appointed, also known as the "Father of Reaganomics." Committed to the doctrine of supply-side economics, he assisted in the passing of the "Reagan Budget" (the Gramm-Latta Budget), which Stockman hoped would curtail the "welfare state". He thus gained 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, 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 was weakened after the Atlantic Monthly magazine published the infamous 18,246-word article, "The Education of David Stockman", in its December 1981 issue, based on lengthy interviews Stockman gave to reporter William Greider.
Stockman was quoted as referring to Reagan's tax act in these terms: "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 the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory." Of the budget process during his first year on the job, Stockman was quoted as saying, "None of us really understands what's going on with all these numbers," which was used as the subtitle of the article.
After "being taken to the woodshed by the president" because of his candor with Greider, Stockman became concerned with the projected trend of increasingly large federal deficits and the rapidly expanding national debt. On August 1, 1985, he resigned from OMB and later wrote a memoir of his experience in the Reagan Administration titled The Triumph of Politics: Why the Reagan Revolution Failed in which he specifically criticized the failure of congressional Republicans to endorse a reduction of government spending to offset large tax decreases to avoid the creation of large deficits and an increasing national debt.
Hub AI
David Stockman AI simulator
(@David Stockman_simulator)
David Stockman
David Alan Stockman (born November 10, 1946) is an American politician and former businessman who was a Republican U.S. representative from the state of Michigan (1977–1981) and the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.
Stockman was born in Fort Hood, Texas, the son of Allen Stockman, a fruit farmer, and Carol (née Bartz). He is of German descent, and his family's surname was originally "Stockmann". He was raised in a conservative family in St. Joseph, Michigan; his maternal grandfather, William Bartz, was a Republican treasurer of Berrien County, Michigan for 30 years. Stockman was educated at public schools in Stevensville, Michigan. He graduated from Lakeshore High School in 1964 and received a BA in History from Michigan State University in 1968[citation needed]. He was a graduate theology student at Harvard University from 1968 until he left the university after 1969.
He served as special assistant to United States Representative and 1980 U.S. presidential candidate John Anderson of Illinois, 1970–1972, and was executive director, United States House of Representatives Republican Conference, 1972–1975.
In 1976, Stockman was elected from Michigan's 4th congressional district (in Southwest Michigan) to the House of Representatives for the 95th Congress. He was reelected in the two subsequent elections. In total, he served in the House from January 3, 1977, until his resignation on January 21, 1981, to accept appointment as Director of the Office of Management and Budget for President Ronald Reagan.
Stockman was one of the most controversial OMB directors ever appointed, also known as the "Father of Reaganomics." Committed to the doctrine of supply-side economics, he assisted in the passing of the "Reagan Budget" (the Gramm-Latta Budget), which Stockman hoped would curtail the "welfare state". He thus gained 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, 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 was weakened after the Atlantic Monthly magazine published the infamous 18,246-word article, "The Education of David Stockman", in its December 1981 issue, based on lengthy interviews Stockman gave to reporter William Greider.
Stockman was quoted as referring to Reagan's tax act in these terms: "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 the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory." Of the budget process during his first year on the job, Stockman was quoted as saying, "None of us really understands what's going on with all these numbers," which was used as the subtitle of the article.
After "being taken to the woodshed by the president" because of his candor with Greider, Stockman became concerned with the projected trend of increasingly large federal deficits and the rapidly expanding national debt. On August 1, 1985, he resigned from OMB and later wrote a memoir of his experience in the Reagan Administration titled The Triumph of Politics: Why the Reagan Revolution Failed in which he specifically criticized the failure of congressional Republicans to endorse a reduction of government spending to offset large tax decreases to avoid the creation of large deficits and an increasing national debt.