David Stockman debt economy

David Stockman: Trump ‘Embodies A Trifecta Of Fiscal Impulses That Amounts To Pure Madness’

"Then again, you haven't seen nothin' yet."

"Then again, you haven't seen nothin' yet."
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3 comments on “David Stockman: Trump ‘Embodies A Trifecta Of Fiscal Impulses That Amounts To Pure Madness’

  1. Gary Seth

    News flash : Financial Time Travel Tech perfected by Wall Street / Washington Establishment Boffins . Robbing or taking assets and capital from the future and materializing them in the present . Theoretical physicists and non Beltway economists remain astonished and baffled .

  2. So the next recession will blow out the deficits, then lead to a yield shock, blow out spreads, compress stock multiples, and create deflationary headwinds.

  3. Anonymous

    You would think someone as experienced as Mr. Stockman is with Washington could accurately calculate the size of the deficits under each President. For example, FY18 began in October 2017. Thus the FY09 deficit really belongs to Pres. Bush as it started in Oct 08 and was programmed prior to Pres Obama’s inauguration. So, Obama is “responsible” for FY10, FY11, FY12, FY13, FY14, FY15, FY16, and FY17, even though it really is Congress who passes the appropriations.

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