David Stockman on Washington's Military Keynesianism

By Herman James / May 13, 2022 / marketsanity.com / Article Link

The Scott Horton Show, Released on 5/13/22

Scott interviews David Stockman about the war in Ukraine and the American economy. They begin by discussing the war in Ukraine. Stockman argues that the irrational motivator behind Washington's actions is Trump-Derangement Syndrome - that Putin is a surrogate for Trump and you need to demonstrate blind hatred for him to be accepted. Next, they turn to the economy. Stockman recounts the trouble the American economy was in before the pandemic and war in Eastern Europe came about to make everything worse. Scott and Stockman end by discussing the painful path ahead.

David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America, Trumped! A Nation on the Brink of Ruin... And How to Bring It Back and Peak Trump: The Undrainable Swamp And The Fantasy Of MAGA.

David Stockman on Washington's Military Keynesianism added by Herman James on 05/13/2022View all posts by Herman James ?+'

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