Tuesday , June 19 2018
Home / David Stockman's Contra Corner / The Culprits Live In The Eccles Building, Not The Jefferson Memorial

The Culprits Live In The Eccles Building, Not The Jefferson Memorial

Summary:
On the margin, the Donald got elected by the burned out manufacturing zones of Flyover America. That is, the western Pennsylvania steel country, industrial Ohio, the automotive belt of Michigan and the former manufacturing towns of Wisconsin and Iowa. Trump didn't actually have a program to help them, of course, but his patter about bad trade deals, unfair foreign competition and America First resonated in places like these where, in fact, their jobs had been stolen.

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes The QT Pivot And The Long Drawdown Ahead

David Stockman writes Central Bankers And The Folly Of Paint-By-The-Numbers Monetary Policy

David Stockman writes It Didn’t Take A Village Of Deep Staters—Just The Donald

David Stockman writes Unhinged! The Casino,The FANGMAN Bubble And The False Narrative Of “Growth”, Part 2

On the margin, the Donald got elected by the burned out manufacturing zones of Flyover America. That is, the western Pennsylvania steel country, industrial Ohio, the automotive belt of Michigan and the former manufacturing towns of Wisconsin and Iowa. Trump didn't actually have a program to help them, of course, but his patter about bad trade deals, unfair foreign competition and America First resonated in places like these where, in fact, their jobs had been stolen.

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *