David Stockman was a Republican Congressman from the State of Michigan, and the Director of the Office of Management and Budget under President Ronald Reagan. His earlier book, “The Great Deformation,” offered a comprehensive history U. S. economic policy.
Stockman’s most recent book, “Trumped! A Nation on the Brink of Ruin...And How to Bring It Back,” illustrates how fast scenarios change as new thinking alters national issues and creates new perspectives.
In his latest book, Stockman repeatedly writes, “Give Trump a chance.” But he, like many of us, occasionally falls into the trap of linear thinking.
He’s right on some things: the China bubbles; and the Left’s paranoid delusions and perspectives on traditional historical wars and societies/cultures.
But there are ways available to navigate through America’s challenges and problems.
Take, for example, student debt. Until Barack nationalized this debt it was on the books of Citigroup. They were the lead provider of student loans and carried the debt. Returning this to the private sector is now underway. There are ads running on radio (e.g., Rush Limbaugh) and television (e.g., Sean Hannity) offering indebted students a way to refinance their loans at lower interest rates.