America will need the Almighty’s unstinting favor if Donald Trump becomes our 45th President. Still, blessed be The Donald for running a demolition derby in the Republican primaries.If you are not familiar with Stockman, he is from the let's-try-the-free-market-just-once school of thought that believes Bush 43 was a crony capitalist, which is long-term just as destructive to an economy as socialism. He is withering, and persuasive, in how much damage the Democrats are doing to the economy as well. He is strongly isolationist, free-trade, and consumption tax driven. (The latter because with only half of adults working, it makes more sense to tax consumption than production.)
There is no hope for the future of capitalist prosperity and a free society at home and world peace abroad unless the Republican Party is destroyed. And, by golly, Trump may well accomplish the deed.
He believes a correction, perhaps even a recession is coming as the phony accounting of both government agencies and large corporations gets exposed - by reality, not honesty. However, he does not believe in a collapse or imminent depression.