Category: infrastructure

David Stockman fiscal stimulus infrastructure

David Stockman: ‘Now Comes The Black Swan With An Orange-Colored Hue’

“America’s economy is faltering not from too little infrastructure spending, but from too much debt—-$67 trillion of total public and private debt, to be exact. So it appears that the bond vigilantes are returning from 24 years of hibernation just in the nick of time to put the kibosh on the Trumpite/GOP’s latest hare-brained scheme to balloon the public debt.”