Stockman was once Ronald Reagan's head of the Office of Management and Budget and became a firece critic of the administration - along with most others - after he left office.
He recently wrote an opinion piece in the NYT where he lays out his multiple issues with the US's economic history since the early 1930s. He thinks the current - limited - recovery will end in a crash, and this time there will be little we can do to dig ourselves out of it.
There's been quite the backlash against it however, which allows us a preliminary look at debate over the state of the economy - and our economic policies in general - prior to digging into it later this semester.
Some of the commentary:
- 'David Stockman Goes Way, Way Over the Top'
- The nihilism of David Stockman.
- David Stockman's Delusions:
- It Wasn't David Stockman Who Wrecked the Economy