stockman refers to naive supply siders. the whole reagan plan is premised on faith. none of us understands what s going on with all these numbers. it was very, very damaging. a lot of people wanted him fired, but i thought we had to keep him because he knew more about the budget than anybody. so i prevailed upon the president to not fire him. we have faith in our program and we re sticking with it. the paid political complainers, let me say as politely as i can, put up or shut up. president reagan standing in the nbc/ap poll has gone from a high of 65% approval after he was shot to a low of 43% last fall. that s a bit lower than any previous president at that stage of his stay in the white house. we lost big in the 1982
certificater usually making the argument we need to keep this in place. this didn t work. why didn t it? i go back to the president s statement you had adele gauges from new york fighting to keep that in place. arguing to keep that in place. what happened this time around? i don t know. this was so hastily crafted. they were looking obviously to and the words of some supply siders starve the beast of state government. if you get them hoff the federal doll, these high tax states actually give morton the federal government that they get in return. in many cases california, nj, new york. so i m not sure what the motivation was. some more cynical this is political punishment except that it helps to pass the bills. so quick market related question. obviously the individual mandate ripped out of the mandate.
less says with the economic program is wrong. it creates inflationary he had no idea what i was talking about, clearly. so i broke the story that night that the budget director blew the whistle on this plan. what he still contends were off the record conversations, stockman expressed disillusion. stockman refers to naive supply siders. the whole reagan plan is premised on faith. none of us understands what s going on with all these numbers. it was very, very damaging. a lot of people wanted him fired, but i thought we had to keep him because he knew more about the budget than anybody. so i prevailed upon the president to not fire him. we have faith in our program and we re sticking with it. the paid political complainers, let me say as politely as i can, put up or shut up. president reagan standing in the nbc/ap poll has gone from a high of 65% approval after he
lose their healthcare because of this bill so that we can provide permanent tax cuts for corporations. that doesn t make sense. that s why $1 trillion hole in the budget. bill: stay in bed tomorrow. will any democrat vote for it? i doubt it because again, this process has been horrific. and you look at the polling on this. the american people are seeing through this. george w. bush said you know what? you give tax cuts to the wealthy and benefits will trickle down. david stockman back in the 80s, one of the original supply siders said the same thing. it is a fooled you once, shame on you and fool you twice, shame on you moment. bill: on the alabama election, on which issue will doug jones work with the white house and president trump? well, doug jones wants to build alabama where it will work for everyone.
there s no reason there s suddenly going to be an upspurt of growth that is going to accrue to trump s benefit, especially not as a result of this tax bill. the proof s in the pudding. okay. if supply-siders are right and cutting the corporate tax rate makes us more competitive, if that causes people to start new factories and invest, then the economy is going to be booming and donald trump will be reelected. to josh s point, the stock market is booming. joblessness is at a 17-year low, and he just lost an election in alabama. that s different than running for re-election. i think that look, donald trump doesn t have coattails, and his popularity is not transferrable just like obamacare didn t have coattails. but if donald if the economy is doing well, i think you bet on the economy. i don t think people believe that. listen, we re not in a recession. the economy is doing well right