"Peak Trump" by David Stockman: Book Review

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Published : February 16th, 2019
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Category : Opinions and Analysis

Two thumbs up for David Stockman's latest book: Peak Trump, the Undrainable Swamp, and the Fantasy of MAGA.

Stockman is a New York Times best-selling author and he was also Ronald Reagan's budget director.

In "Peak Trump", Stockman goes after all the sacred cows: Military spending, entitlement spending, MAGA, Trump's tax cut, the intelligence budget, and the Wall.

The book is not about Red vs Blue. In fact, it's not really about Trump at all. Rather, Trump just happens to be the man at the moment.

I had a lengthy phone conversation with Stockman after I finished reading the book. The first thing I said to him was "This really isn't about Trump, is it?"

He laughed, then responded along the lines of, "You are correct. Trump is a symptom of the problem. He wanted to drain the swamp but failed to do so. He never really had a good chance of doing that, but he failed to make the most of the chance he had. We are where we are because of decades of Congressional and monetary mismanagement."

MAGA supporters may not see it that way. Those seeking a Leftist agenda will not be pleased either.

Stockman is sure to offend damn near everyone with one of his positions on something, including gun control.

Neither Stockman nor I are pleased with the partisan politics and the Washington compromises that keep digging us into deeper and deeper fiscal holes.

Timing Irony

Peak Trump is out just as House Speaker Nancy Pelosi humiliated Trump over the wall. Stockman could not have possibly timed his book better.

In regards to the wall and drugs, Stockman quipped, "The moment the wall goes up, there will be drone flying drugs over the wall to the other side".

If you disagree, please tell us why.

Stockman defends his positions well. The book is well supported with excellent charts and graphics.

Even though you are highly likely to disagree with "something" he says, you are highly unlikely to disagree with "everything" he says.

Most importantly, I suspect he will change your mind on something.

Whether you like Trump or not just Get the Book!

Source : moneymaven.io
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Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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