David Stockman On Why The Reagan Revolution Failed And Trump Arose

Ameera David & Edward Harrison, RT, Released on 9/20/16

“We’ve ended up with what I call a mutant form of crony capitalism.”

David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America and Trumped! A Nation on the Brink of Ruin… And How to Bring It Back.

Source: David Stockman explains why he thinks the ‘Reagan Revolution’ has failed, and how inequality has led to the rise of Donald Trump

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