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Sock It to ‘Em, JB

Summary:
Can you say “stagflation”? That’s what we’re stumbling into. Big time. For a long time. And, last week, even the Keynesian dufuses at the International Monetary Fund (IMF) issued a warning to that effect. Of course, at the root of it lies the destructive monetary and fiscal policies that have become so completely embraced in […]

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Can you say “stagflation”? That’s what we’re stumbling into. Big time. For a long time. And, last week, even the Keynesian dufuses at the International Monetary Fund (IMF) issued a warning to that effect. Of course, at the root of it lies the destructive monetary and fiscal policies that have become so completely embraced in […]
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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