Afshin Rattansi’s Going Underground, Released on 2/11/24
On this episode of Going Underground, we speak to David Stockman, the former Director of the US Office & Budget Management under President Ronald Reagan and author of the book ‘Trump’s War on Capitalism’. He discusses the myths surrounding the ‘strong MAGA economy’ under Donald Trump and why economic performance under him was actually weak, Trump’s irresponsibility with printing more money and increasing inequality in the United States, why Biden is a ‘tool of the warfare state’ and why Donald Trump doesn’t have the capability to end the forever wars and reign in military spending in a 2nd term, the US’ broken immigration system, why the military-industrial complex’s grip on US politics continues to prevail, why he backs Robert F. Kennedy’s campaign to become President of the United States and much more.
*The interview begins at 0:56
David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America, Trumped! A Nation on the Brink of Ruin… And How to Bring It Back, The Great Money Bubble: Protect Yourself from the Coming Inflation Storm, and Trump’s War on Capitalism.