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World News See other World News Articles Title: 'He's an unhinged madman': Reagan-era U.S. budget director says Trump is waging 'four wars' on the economy and 'isn't going to make it great again' David Stockman, also an ex-Republican Congressman, blasted Trump's policies He said Trump was waging 'war' on the economy by hampering trade, stopping migrant labor, attacking the Federal Reserve and allowing a rising national debt The 72-year-old rejected Trump's border wall saying U.S. 'needs immigrant labor' Reagan-era U.S. budget director David Stockman (pictured) has accused Donald Trump of waging 'four wars' on the economy +2 Reagan-era U.S. budget director David Stockman (pictured) has accused Donald Trump of waging 'four wars' on the economy A former U.S. budget director under Ronald Reagan has called President Donald Trump an 'unhinged madman' and accused him of waging 'four wars' on the American economy. David Stockman, who also served as a Republican member of Congress, said Trump was undermining the economy and was 'not going to make it great again'. The 72-year-old identified trade, the Mexican border dispute, attacks on the Federal Reserve and rising national debt as the four economic flashpoints which Trump had brought about. Rejecting Trump's claim of a 'national emergency' on the southern border he said the country 'needs immigrant labor' and condemned what he called a 'silly battle'. Speaking to Yahoo, he said: 'We have a delusional, unhinged madman in the Oval Office, and anything is possible. 'He's conducting four wars on the American economy, and it's not going to make it great again.' Discussing the 'trade war', he said rising tariffs on China and Europe were a 'war on consumers' and had increased prices. RELATED ARTICLES Previous 1 Next Bizarre moment terrified-looking aide sprints down red... Trump will have advisors Pompeo and Mulvaney at his side... Share this article Share He said the Mexican border crisis was a 'border war on immigrant labor' and said migrants were needed to make up for a shrinking domestic labor force. 'We need immigrant labor. We shouldn't be having a, you know, silly battle over a wall in a border where there isn't a crisis,' said Stockman. He also accused Trump of conducting a 'political war' on Federal Reserve bosses, discouraging them from raising interest rates. Stockman said President Trump, pictured at the White House last week, was undermining the economy and was 'not going to make it great again' +2 Stockman said President Trump, pictured at the White House last week, was undermining the economy and was 'not going to make it great again' The President recently said that 'the only problem our economy has is the Fed' and accused them of 'not having a feel for the market'. Stockman's fourth crisis was a rising national debt - currently $22trillion - which he described as a 'war on the nation's solvency'. Trump blamed his predecessor Barack Obama for a rising national debt but it has continued to grow under his presidency. Stockman was director of the Office of Management and Budget from 1981 to 1985 and was a key ally in Reagan's economic reforms. He had previously been a U.S. House member from Michigan between 1977 and 1981, when Reagan took office. Stockman recently published the book Peak Trump: The Undrainable Swamp And The Fantasy Of MAGA. Post Comment Private Reply Ignore Thread Top Page Up Full Thread Page Down Bottom/Latest
#1. To: Ada (#0)
What Stockman advocates won't work either. We need to repeal the Federal Reserve Act and issue 100% money. It would help if all Jews loyal to Israel were made citizens of Israel and not allowed to vote or even donate to politicians in US elections.
The Truth of 911 Shall Set You Free From The Lie
!!!!!!!!! With the exception of Whites, the rule among the peoples of the world, whether residing in their homelands or settled in Western democracies, is ethnocentrism and moral particularism: they stick together and good means what is good for their ethnic group." |
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