Article: He sees frightful day of reckoning

By the end of 1984, David A. Stockman had concluded that he and others in the White House were leading the nation down the road to long-term economic peril. But many of those close to the president still were maintaining that their fiscal programs would work. The division of opinion meant the end of Stockman's days as budget director, as he outlines here in an excerpt from The Triumph of Politics: Why the Reagan Revolution Failed.

"You ain't seen nothing yet." The White House made that its official campaign slogan for 1984. When it did, I knew that my own days were numbered, and that even the reluctant loyalty I had maintained during the long battle to reverse the president's tax ...

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