Supporters of Barack Obama say his economic record is actually quite strong, and that right-wingers simply can’t accept that. David Stockman, formerly of the Reagan administration, reduces these claims to rubble, and then destroys the rubble.
Among the issues covered:
- Has Barack Obama been a great job creator?
- Has Obama outperformed Ronald Reagan on job creation?
- Is it true that the low labor force participation rate is just a function of retiring Baby Boomers?
- Did “the sequester” interrupt Obama’s otherwise successful rejuvenation of the economy?
- Would more infrastructure spending help the economy?
- What has real investment growth been like?
- Isn’t the booming stock market an indication that the president is on the right track?
About the Guest
David Stockman, a former member of the U.S. Congress, served as chairman of the Office of Management and Budget under Ronald Reagan (1981-1985). Following a subsequent career on Wall Street, Stockman opened his own private equity fund company, Heartland Industrial Partners, in Greenwich, Connecticut. He is the author, most recently, of The Great Deformation: The Corruption of Capitalism in America.
“Obama Outperforms Reagan On Jobs, Growth And Investing,” by Adam Hartung
“Ignore the Haters: Obama Helped Save the U.S. Economy,” by Danny Vinik
“15 Years Of Stimulus—Nothing To Show,” by David Stockman
David Stockman, The Great Deformation: The Corruption of Capitalism in AmericaGet Your Free Audiobook
Ep. 392 Fifteen Years of Stimulus, and Nothing to Show
If you enjoy the Tom Woods Show, my new book — Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion — is for you. Check it out! And get a free copy of the audiobook version, with me reading it, at TomWoodsAudio.com.
I’ve also released a brand new, free eBook: 14 Hard Questions for Libertarians — Answered. Click here to get your copy!