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Blaming the 'Iron Triangle'

December 26, 1988

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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