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The Hand-To-Mouth Economics Of America’s Debt-Entombed Economy

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A feature in today’s Wall Street Journal chronicled the bankruptcy of the storied 1,640 room Palmer House Hilton—a 150-year old landmark in the heart of downtown Chicago.  It was presented as a victim of the Covid, but in fact it is a casualty of the hand-to-mouth, debt-entombed economy fostered by 30 years of Keynesian central […]

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A feature in today’s Wall Street Journal chronicled the bankruptcy of the storied 1,640 room Palmer House Hilton—a 150-year old landmark in the heart of downtown Chicago.  It was presented as a victim of the Covid, but in fact it is a casualty of the hand-to-mouth, debt-entombed economy fostered by 30 years of Keynesian central […]
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.

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