Blaming the ‘Iron Triangle’
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There’s a phrase for President Reagan’s finger-pointing on the blame for the greatest accumulation of debt and deficit-financing in history: cognitive dissonance.
No, Mr. Reagan, it wasn’t the “Iron Triangle” that wrote all those bad checks. You did. President Harry Truman (one of your heroes) had it right--a sign on his desk: The buck stops here.
LU HAAS
Pacific Palisades
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