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America’s Keynesian Follies Bite The Dust

Summary:
Well, now, that was a bracing number. The November goods deficit came in at a record .8 billion, and also guaranteed that the  US goods deficit for the full year will cross the trillion mark by a country mile. In fact, as of November the cumulative deficit for 2021 is already 5 billion. And […]

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Well, now, that was a bracing number. The November goods deficit came in at a record $97.8 billion, and also guaranteed that the  US goods deficit for the full year will cross the $1 trillion mark by a country mile. In fact, as of November the cumulative deficit for 2021 is already $985 billion. And […]
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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