I like David Stockman more and more. He is saying what I have been saying for the last year—the US needs to let the Bush era tax cuts expire, cut spending, “means test” Medicare (one solution I might support), and cut defense spending. He might not agree with my observation that we need to print money!
Here is Stockman being interviewed at a Casey Research Event.
If you do not wish to watch something this long, click here and watch a shorter appearance on CNBC.