Richard Nixon was riding high in January 1973 after winning a landslide victory by 46.7 million votes to McGovern's 28.9 million and taking the electoral college by a margin of 520-17. The perennially paranoid Nixon was actually bristling with confidence, demanding the resignation of his entire cabinet and launching a blizzard of plans for the most sweeping reforms of government agencies and domestic policies since the New Deal.
The Undrainable Swamp (Part 3): More Like Nixon 2.0 Than Reagan's Second Coming
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.