David Stockman: Trump’s War on Capitalism?

The Tom Woods Show, Released on 12/22/23

David Stockman, who headed the Office of Management and Budget under Ronald Reagan, joins us to discuss the Trump economic record, both in terms of policy and results.

David’s new book: Trump’s War on Capitalism

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.

Thomas Woods Jr. is an American author, historian, and libertarian commentator who is currently a senior fellow at the Mises Institute. Woods is a proponent of the Austrian School of economics. He hosts a daily podcast, The Tom Woods Show.

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Richie Gardner

OK, here’s the deal. As much as I really admire & respect David Stockman, the problem is he all too often gets hung up and trapped in the minutiae (David, please, spare me the grisly details). And this frequently leads him down the bunny trail path and tends to cause him to ramble on, and the listener loses interest. Simply stated, he gets lost in the weeds.

Somebody needs to put a leash or a governor on him and make it known upfront that the interview needs to be a back-n-forth two-way conversation. Like most of David’s interviews, the host is practically shut-out of the conversation and it turns into a monologue. It would be so much more entertaining if it was an alternating back & forth discussion and an exchange of ideas, especially with a host like Woods. Unlike most interviewers, Tom has the intellectual horsepower to really energize a conversation which I often wish would never end.

Now I’m sure whoever the show’s host might be, they certainly don’t want to step on this guy’s toes as it’s not easy to attract a noted guest with the stature of a D.S. Any host would be doing Stockman a favor by suggesting he come up for air once in a while, take some deep breaths, and share the time with the person on the other side of the microphone. I think many people are turned off by this unfortunate habit he’s developed.