November 1981 - November 10, 1981 (Tuesday)

November 10, 1981 (Tuesday)

• David Stockman, the budget director for President Reagan, was celebrating his 35th birthday when the December issue of The Atlantic magazine reached newsstands with the article "The Education of David Stockman". In the article, based on Stockman's interviews by William Greider, the President's chief economic strategist criticized supply-side economics. Democrats in Congress were quick to cite the article as proof that the President's program would not work. Stockman protested that his comments had been made off the record with understanding that they would not be published. Stockman remained as OMB Director, but with less influence than he had had as an adviser.
• Born: Jason Dunham, American Medal of Honor recipient (killed 2004), in Scio, New York; and Tony Blanco, Dominican-born Japanese baseball star, in San Juan de la Maguana
• Died: Abel Gance, 92, French film director