Stockman has written several books. He makes some great points but is off key on a lot of issues too. If you want to believe this article, be sure you follow up and read a few of his books so you can put things in perspective.
I'm coming across as defending Trump - I'm not. But contrary to popular belief, Trump had the right idea about many thing (border, regulation, taxes, etc...). I also believe he understands the problem with deficit spending, but if you are just turned off on Trump you can find clips, cherry pick, and make the case otherwise.
The problem with discussion about spending is you can't just look at spending, you have to look at spending, debt, deficits, and GDP growth at the same time to understand if/where/when there is a problem.
We are beyond the point if stimulating the economy with Government spending. Gov spending is crushing the private economy. But Gov spend has worked to simulate the economy in the past, the problem is Gov (BOTH parties) spend MORE after the economy is roaring (not less) and the entire Gov system gets bigger.
Biden is spending because that's all they can do to keep the shit show going - and he is the poster boy of the magnitude of the problem the last 50 years.
The reason BOTH parties don't like Trump? He's not in on the game AS MUCH as the insiders. No doubt Trump has worked the system to his advantage - you don't become a billionaire being system stupid.
freddms / Fred Johnston
npub1cp…8arth
2024-04-29 16:25:43
in reply to nevent1q…k7rp
Author Public Key
npub1cpv8mtgfu0h6urkfxqm24gxhqevvayznacf4nm03wcuxne49pens98arthPublished at
2024-04-29 16:25:43Event JSON
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"content": "Stockman has written several books. He makes some great points but is off key on a lot of issues too. If you want to believe this article, be sure you follow up and read a few of his books so you can put things in perspective.\n\nI'm coming across as defending Trump - I'm not. But contrary to popular belief, Trump had the right idea about many thing (border, regulation, taxes, etc...). I also believe he understands the problem with deficit spending, but if you are just turned off on Trump you can find clips, cherry pick, and make the case otherwise.\n\nThe problem with discussion about spending is you can't just look at spending, you have to look at spending, debt, deficits, and GDP growth at the same time to understand if/where/when there is a problem.\n\nWe are beyond the point if stimulating the economy with Government spending. Gov spending is crushing the private economy. But Gov spend has worked to simulate the economy in the past, the problem is Gov (BOTH parties) spend MORE after the economy is roaring (not less) and the entire Gov system gets bigger.\n\nBiden is spending because that's all they can do to keep the shit show going - and he is the poster boy of the magnitude of the problem the last 50 years.\n\nThe reason BOTH parties don't like Trump? He's not in on the game AS MUCH as the insiders. No doubt Trump has worked the system to his advantage - you don't become a billionaire being system stupid.",
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