The budgets prepared by David A. Stockman, Mr. Reagan's first budget director, adopted what was called a "rosy scenario" - impossibly optimistic predictions about future growth, inflation and interest rates. They also included what was called the "magic asterisk" - a gimmick that allowed for the budgeting of unspecified, and never intended, spending cuts.Cousin to Business's favorite gimmick, "the fine print."
Thursday, June 10, 2004
Magic Asterisk
Sunday, June 06, 2004
Bonzo goes to heaven (and is playing with your pet dog that died last year. Dave Dellinger is strumming an acoustic guitar on a nearby cloud.)
I'm writing while extremely hungover, no doubt a mistake, but I had such a doozy of a day yesterday, I had to write.
The Printer's Row Book Fair is this weekend and yesterday started at 10:00 a.m. with an Augusten Burroughs reading. (Very funny and moving). Then a few beers. At Noon, there was Aleksandar Hemon & David Bezmozgis (very moving and funny). After leaving that I ran into a favorite coworker (very beautiful and funny). A few more beers. At 1:30, Thomas Frank & Laura Kipnis tag-teamed the reigning, pompous conventional wisdom at the nearby Harold Washington library. At 4:00 I caught the charming Elizabeth Berg, whom Burroughs had recommended. Then more drinking.
I drink so much I think it might be a good idea to head out to Oak Park to try to catch Dave Sedaris, but I arrived late to discover the bookstore overflowing with people and headed to the nearest bar instead where a 40-year-old woman generously offered me some of her calamari and told me about the wonders of Deepak Choprah. (Where upon I learned Ronald Reagan had slipped this mortal coil.) Then home sweet home.
I'm writing while extremely hungover, no doubt a mistake, but I had such a doozy of a day yesterday, I had to write.
The Printer's Row Book Fair is this weekend and yesterday started at 10:00 a.m. with an Augusten Burroughs reading. (Very funny and moving). Then a few beers. At Noon, there was Aleksandar Hemon & David Bezmozgis (very moving and funny). After leaving that I ran into a favorite coworker (very beautiful and funny). A few more beers. At 1:30, Thomas Frank & Laura Kipnis tag-teamed the reigning, pompous conventional wisdom at the nearby Harold Washington library. At 4:00 I caught the charming Elizabeth Berg, whom Burroughs had recommended. Then more drinking.
I drink so much I think it might be a good idea to head out to Oak Park to try to catch Dave Sedaris, but I arrived late to discover the bookstore overflowing with people and headed to the nearest bar instead where a 40-year-old woman generously offered me some of her calamari and told me about the wonders of Deepak Choprah. (Where upon I learned Ronald Reagan had slipped this mortal coil.) Then home sweet home.
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