meta_pixel
Tapesearch Logo
Log in
The Tom Woods Show

Ep. 2398 The $900B Military Budget and Other Follies, with David Stockman

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 29 September 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

David Stockman, director of the Office of Management and Budget under Ronald Reagan, walks us through current stupidities, his conclusions after studying 20th-century American economic history, and how he ended up working in the Reagan Administration.

Transcript

Click on a timestamp to play from that location

0:00.0

Prepare to set fire to the index card of allowable opinion.

0:05.2

Your daily dose of liberty education starts here.

0:08.7

The Tom Woods Show.

0:11.9

Everybody welcome back to the Tom Woods Show for yet another episode 2398 with our old

0:17.4

friend David Stockman, former U.S. congressman director of the Office of Management and Budget

0:21.9

under Ronald Reagan, had an illustrious private sector career, author of numerous books.

0:27.1

I will probably at some point today make mention of the great deformation, the corruption of

0:31.6

capitalism in America.

0:32.6

Is it the corruption of capitalism in America or American capitalism?

0:36.5

Is the corruption of capitalism in America in America in America in America in America?

0:38.3

I got to write the verse.

0:39.3

Either way.

0:40.3

Either way, the emphasis is on corruption.

0:42.9

Right.

0:43.9

Right.

0:44.9

Well, on that book, I love very much because it is, although a lot of us focused our attention

0:49.7

on the material you had in there on the bailouts after 2008, that, that's extremely indispensable

0:56.4

part of the book.

0:57.4

But that does the book in injustice because it really is a sweeping revisionist economic

1:01.4

history of the 20th century.

1:02.7

So I definitely want to say a couple of things about that a little bit later, even though

1:06.0

it's an older book.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Tom Woods, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Tom Woods and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.