[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fYUUzGeoIsFo-1srTeo2mKGA6gYMqAS1D-pwcc10UD90":3,"$fef-L7ap_wusy1UHHLTYTZ-2k0vS5z7Js5ysyR2-t8Zc":12},{"author":4,"tags":11},{"author_id":5,"author_name":6,"author_name_first_letter":7,"article_count":8,"bio":9,"short_bio":9,"slug":10,"image_url":9},107369,"David Stockman","D",24,null,"david-stockman",[],{"quotes":13,"pagination":108},[14,22,28,34,41,53,64,75,86,97],{"id":15,"quote_text":16,"author_id":5,"source_id":17,"has_image":18,"author":19,"source":20,"quote_tag":21,"commentary":9},2971658,"The Ryan plan isn’t a budget. It’s the last will and testament of the Republican party.",6,false,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":23,"quote_text":24,"author_id":5,"source_id":17,"has_image":18,"author":25,"source":26,"quote_tag":27,"commentary":9},2971652,"I’m just not going to spend a lot of political capital solving some other guy’s problem in 2010.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":29,"quote_text":30,"author_id":5,"source_id":17,"has_image":18,"author":31,"source":32,"quote_tag":33,"commentary":9},2971632,"I invest in anything that Bernanke can’t destroy including Gold, canned beans, bottled water and flashlight batteries...",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":35,"quote_text":36,"author_id":5,"source_id":17,"has_image":18,"author":37,"source":38,"quote_tag":39,"commentary":40},2971579,"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.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],"**The Backstory**\nDavid Stockman, the former Director of the Office of Management and Budget under President Ronald Reagan, uttered these words in the context of the 1980s, a time when the US economy was grappling with high inflation and stagnant economic growth. Stockman's statement reflects the tension between the theoretical underpinnings of supply-side economics and the need for a more palatable narrative to sell tax policies that would benefit the wealthy. His candid admission highlights the tension between ideological purity and pragmatic politics.\n\n**The Hidden Insight**\nThe hidden insight in this quote lies in the tension between the theoretical underpinnings of supply-side economics, which posits that tax cuts on the wealthy will trickle down to the poor, and the need for a more palatable narrative to sell these policies. Stockman's statement reveals that even the architects of these policies were aware of the disconnect between their ideology and the need for a more persuasive sales pitch.\n\n**How to Use This**\nWhen crafting a persuasive argument or marketing strategy, remember that the most effective approaches often involve finding a balance between theoretical integrity and practical appeal. To effectively sell an idea or product, consider how to distill the underlying value into a more accessible and compelling narrative that resonates with your target audience.",{"id":42,"quote_text":43,"author_id":5,"source_id":44,"has_image":18,"author":45,"source":46,"quote_tag":47,"commentary":9},2430239,"He operated on the echo principle: He told the president what he wanted to hear.",4,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[48],{"id":49,"tag":50},5411245,{"id":51,"tag_name":52},16174,"echo",{"id":54,"quote_text":55,"author_id":5,"source_id":44,"has_image":18,"author":56,"source":57,"quote_tag":58,"commentary":9},2430236,"Any of us that are in the marketplace now are looking for more opportunities,",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[59],{"id":60,"tag":61},5411240,{"id":62,"tag_name":63},12790,"looking",{"id":65,"quote_text":66,"author_id":5,"source_id":44,"has_image":18,"author":67,"source":68,"quote_tag":69,"commentary":9},2430233,"Now that the storm has passed and rebuilding will restart, the future is even brighter for Biloxi,",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[70],{"id":71,"tag":72},5411235,{"id":73,"tag_name":74},17913,"brighter",{"id":76,"quote_text":77,"author_id":5,"source_id":44,"has_image":18,"author":78,"source":79,"quote_tag":80,"commentary":9},2430228,"None of us really understand what's going on with all these numbers",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[81],{"id":82,"tag":83},5411232,{"id":84,"tag_name":85},12224,"none",{"id":87,"quote_text":88,"author_id":5,"source_id":44,"has_image":18,"author":89,"source":90,"quote_tag":91,"commentary":9},2430224,"Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[92],{"id":93,"tag":94},5411227,{"id":95,"tag_name":96},2130,"ideas",{"id":98,"quote_text":99,"author_id":5,"source_id":44,"has_image":18,"author":100,"source":101,"quote_tag":102,"commentary":9},2430218,"In short, Mr. Ryan’s plan is devoid of credible math or hard policy choices. And it couldn’t pass even if Republicans were to take the presidency and both houses of Congress. Mr. Romney and Mr. Ryan have no plan to take on Wall Street, the Fed, the military-industrial complex, social insurance or the nation’s fiscal calamity and no plan to revive capitalist prosperity — just empty sermons.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[103],{"id":104,"tag":105},5411224,{"id":106,"tag_name":107},16643,"wall",{"currentPage":109,"totalPages":110,"totalItems":8,"itemsPerPage":111},1,3,10]