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The Tom Woods Show

Ep. 2516 David Stockman on RFK, Trump, and Inflation

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 12 July 2024

⏱️ 55 minutes

🧾️ Download transcript

Summary

David Stockman, director of the Office of Management and Budget in the Reagan Administration, covers a wide range of topics in this episode including the strangely controversial question: is this a good economy or a bad one? Sponsors: & (Coupon Code: WOODS) Guest's Website: Guest's Twitter: @dastockman

Transcript

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0:00.0

Get ready to take a flamethrower to the official narrative and learn what the

0:06.7

elites don't want you to know. You're listening to the Tom Woods Show.

0:26.4

Hey everybody, Tom Woods here, episode 2, 116 of the Tom Wood Show with David Stockman. I have not done what Jean Epstein has done. Gene Epstein, David, did a thing where he actually went back

0:31.3

and counted all the times he'd been on the Tom Wood show

0:34.6

and then calculated the percentage of episodes that had him in it.

0:38.6

So I don't know what yours is, I mean it's not 1% but it's you know but it's been quite a few

0:44.7

times over the years and now we covered a lot of good topics and for some reason

0:50.0

things don't get better that continue to trend in the wrong direction but at least we

0:55.4

can talk about it we can alert people to it yeah we can explain what we think is

0:59.8

going on and that's the best that's right and it guarantees you a semi-permanent place in the Tom

1:06.4

would show rotation so there is that consolation. So if for anybody

1:10.1

you, anybody who doesn't know and I find that hard to believe, David Stockman was a U.S. Congressman

1:16.0

before becoming the Director of the Office of Management and Budget under Ronald Reagan,

1:20.6

had a long and distinguished private sector career.

1:22.8

He is the author of numerous books.

1:26.5

I mean, I've got almost a David Stockman shelf

1:29.9

over here to my right.

1:31.6

Okay.

1:32.3

But for my money, the book The Great Deformation, the corruption of capitalism in America, is my favorite because

1:38.8

it really is a systematic, I would say a kind of a revisionist economic history of the 20th century,

1:45.6

including in the 21st century with the bailouts and stuff from 2008 that we were

1:50.9

told were necessary to keep things going.

...

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