Bruce Bartlett

Last updated

Bruce Bartlett
Born
Bruce Reeves Bartlett

(1951-10-11) October 11, 1951 (age 71)
NationalityAmerican
EducationRutgers University, B.A., 1973
Georgetown University, M.A., 1976
Occupation(s)Author, historian, economist[ citation needed ]
Known forOpposition to George W. Bush's economic policies
Political party Independent [1]
Parent(s)Frank and Marjorie (Stern) Bartlett
Notes
[2]

Bruce Reeves Bartlett (born October 11, 1951) is an American historian and author. He served as a domestic policy adviser to Ronald Reagan and as a Treasury official under George H. W. Bush. Bartlett also writes for the New York Times Economix blog.

Contents

Bartlett has written several books and magazine articles critical of the George W. Bush administration, asserting that its economic policies significantly departed from traditional conservative principles.

Early life and education

Bartlett was born in Ann Arbor, Michigan, the son of Marjorie (Stern) and Frank Bartlett. He was educated at Rutgers University (B.A., 1973) and Georgetown University (M.A., 1976). He originally studied American diplomatic history under Lloyd Gardner at Rutgers and Jules Davids at Georgetown. He did a master's thesis on the origins of the Pearl Harbor attack at Georgetown, the substance of which was later published as Coverup: The Politics of Pearl Harbor, 1941–1946. He was closely advised by Percy Greaves, who had been the Republican counsel to the congressional committee investigating the Pearl Harbor attack in 1946.

Political career

In 1976, Bartlett began working for U.S. Congressman Ron Paul (R-Texas). Paul was defeated when he ran for re-election in November 1976.

In January 1977, Bartlett went to work for U.S. Congressman Jack Kemp (R-New York) as a staff economist.[ citation needed ] Bartlett spent much of his time on tax issues, helping to draft the Kemp-Roth tax bill, which ultimately formed the basis of Ronald Reagan's 1981 tax cut. Bartlett's book, Reaganomics: Supply-Side Economics in Action, appeared in 1981 (New Rochelle, NY: Arlington House Publishers). He also co-edited the book The Supply-Side Solution (Chatham, NJ: Chatham House Publishers, 1983).

In 1978, Bartlett went to work for Perry Duryea, who was the Republican candidate for governor of New York. Duryea was defeated in November and Bartlett returned to Washington, where he joined the staff of newly elected Senator Roger Jepsen (R-Iowa).

Reagan administration

In 1981, Jepsen became Vice chairman of the Joint Economic Committee of Congress and Bartlett became deputy director of the committee's staff. Jepsen became chairman in 1983 and Bartlett became executive director of the JEC. During this period, the committee was very active in promoting Ronald Reagan's economic policies.

In late 1984, Bartlett became vice president of Polyconomics, a New Jersey-based consulting company founded by Jude Wanniski, a former editorial writer with The Wall Street Journal , that advised Wall Street clients on economic and investment policy. Bartlett left in 1985 to become a senior fellow at The Heritage Foundation in Washington, D.C., where he specialized in tax policy and was involved in the debate around the Tax Reform Act of 1986.

George H. W. Bush administration

In 1987, Bartlett became a senior policy analyst in the White House Office of Policy Development, then headed by Gary Bauer. He left in 1988 to become the deputy assistant secretary for economic policy at the Treasury Department, where he served until the end of the George H. W. Bush administration.

Afterwards, Bartlett worked briefly at the Cato Institute in 1993. From 1993 to 2005, Bartlett was affiliated with the National Center for Policy Analysis, a free-market think tank based in Dallas, Texas.

Since 1995, he has written a newspaper column for Creators Syndicate, based in Los Angeles, and written extensively for many newspapers and magazines, including The Wall Street Journal, The New York Times , the Los Angeles Times , Fortune magazine, and Commentary magazine.

Political positions

Criticism of George W. Bush administration economic policy

In 2005, the National Center for Policy Analysis fired Bartlett for his criticism of President George W. Bush. [3]

In 2006, he published Impostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy, which is critical of the George W. Bush administration's economic policies as departing from traditional conservative principles. He described Bush and Richard M. Nixon as "two superficially conservative presidents who enacted liberal programs to buy votes for reelection." [4]

In his 2009 book, The New American Economy: The Failure of Reaganomics and a New Way Forward, Bartlett defended Keynesian economic policies, stating that while supply-side economics had been appropriate for the 1970s and 1980s, supply-side arguments did not fit contemporary conditions. [5]

During an interview on CNN on August 19, 2011, Bartlett stated that presidential candidate Rick Perry "is an idiot, and I don't think anybody would disagree with that." [6] The comment was in reference to Perry's earlier assertion that Federal Reserve Chairman Ben Bernanke's actions would be "almost treasonous" if the Federal Reserve were to engage in expansionary monetary policy before the 2012 election in order to stimulate the economy. [7] [8]

In a 2013 article for The American Conservative , Bartlett explained that after conducting research for the book, he "came to the annoying conclusion that Keynes had been 100 percent right in the 1930s", that "we needed Keynesian policies again", and that "no one has been more correct in his analysis and prescriptions for the economy's problems than Paul Krugman", a prominent Keynesian economist. [9]

Criticism of "Fair Tax" proposal

In an August 2007 The Wall Street Journal op-ed, Bartlett criticized the FairTax proposal as misleading and unlikely to simplify taxpaying. [10] Bartlett was especially critical of what he states are FairTax's accounting tricks in rate calculation and proponent claims that "real investment spending would rise 76%" if their plan were adopted. [10] Supporters of the FairTax proposal accused him of falsely conflating their campaign with a national sales tax proposal by an organization affiliated with the Church of Scientology. [11] [12] [13] In a September 2007 article for The New Republic , Bartlett stated that the FairTax proposal was "nearly identical" to a Scientologist proposal. [14]

Personal life

Bartlett lives in Great Falls, Virginia. He is a member of the American Economic Association and the Committee for Monetary Research and Education. [2]

Works

Books
Contributor to

Notes

  1. "Where is the GOP of yesteryear?". The Economist . September 2, 2009. I still consider myself to be a Reaganite. But I don't see any others anywhere in the GOP these days, which is why I consider myself to be an independent. Mindless partisanship has replaced principled conservatism.
  2. 1 2 Contemporary Authors Online, Gale, 2010. Reproduced in Biography Resource Center. Farmington Hills, Michigan: Gale, 2010. http://galenet.galegroup.com/servlet/BioRC. Document Number: H1000005810. Fee via Fairfax County Public Library, accessed 2010-01-24.
  3. Stevenson, Richard W. (October 18, 2005). "In Sign of Conservative Split, a Commentator Is Dismissed". The New York Times. Retrieved April 27, 2010.
  4. Bruce Bartlett, Impostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy, New York: Doubleday, 2006, p. 155
  5. The New American Economy: The Failure of Reaganomics and a New Way Forward.
  6. "'Rick Perry is an idiot': The politics of name-calling". Los Angeles Times. August 19, 2011. Retrieved August 21, 2011.
  7. Muskal, Michael (August 17, 2011). "Perry attacks Fed again despite furor over earlier remarks". Los Angeles Times. Retrieved September 10, 2012.
  8. Sechler, Bob (August 17, 2011). "Fed Is Indifferent To Political Attacks – Fisher". The Wall Street Journal. Retrieved August 21, 2011.
  9. Bartlett, Bruce (November 26, 2012). "Revenge of the Reality-Based Community" The American Conservative. Retrieved on December 6, 2012.
  10. 1 2 Bartlett, Bruce (August 26, 2007). "Fair Tax, Flawed Tax". The Wall Street Journal . New York City. Retrieved May 4, 2008. It was originally devised by the Church of Scientology in the early 1990s as a way to get rid of the Internal Revenue Service, with which the church was then at war (at the time the IRS refused to recognize it as a legitimate religion).
  11. "On John Linder and Scientology". The Atlanta Journal-Constitution . Atlanta, Georgia. August 28, 2007. Archived from the original on July 19, 2012. Retrieved May 4, 2008.
  12. Leo Linbeck, Chairman and CEO of Americans For Fair Taxation: "As a founder of Americans For Fair Taxation, I can state categorically, however, that Scientology played no role in the founding, research or crafting of the legislation giving expression to the FairTax. Mr. Bartlett is equally wrong about many other aspects of the FairTax". From "Be Fair to FairTax – Throw the Red Herrings Back in the Water" [ permanent dead link ], FairTax.org
  13. Linbeck, Leo (August 29, 2007). "Be Fair to FairTax – Throw the Red Herrings Back in the Water". The Wall Street Journal. Retrieved September 2, 2007.
  14. Barlett, Bruce (December 13, 2007). "Dianetics, The Tax Plan". The New Republic . Washington, D. C. Retrieved November 30, 2009. In a strange confluence, the Scientologist proposal happens to be nearly identical to one of the trendiest conservative tax proposals of the year, the so-called FairTax ...


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