In a sort of continuation of 60 Minutes offering a platform for David Stockman to trash his former Reaganite colleagues, Stephen Colbert interviewed Stockman on Thursday night's Colbert Report. At the show's opening, the graphic was the lame pun “Reag Against the Machine” and Colbert said “I'll ask him what it was like when America had a budget.” Stockman quickly proceeded to trash supply-side economics and suggest most of our Pentagon budget is wasted in an ineffective war on terror. (He didn't repeat his call for a 15 percent national income surtax.) You can see why the liberals now love to put him on television. In this interview, Colbert actually kept up the conservative character in spots, but it was an another offering for Stockman to blame mostly conservatives for the debt problem. COLBERT: What do you think about extending the Bush tax cuts. You don think we should do that? STOCKMAN: No, I don't think we should do that, because extending the Bush – read more
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Colbert Puts on David Stockman to Trash Reaganomics, Bush Tax Cuts