By David Stockman
April 27, 2024
This is an excerpt from David Stockmans book: Trump's War on Capitalism.
As it happened, the US Congress acted like greased lightning, enacting the $2.2 trillion CARES act virtually sight unseen just eleven days after The Donald's March 16 press conference initiated the Covid lockdowns. The bill was over eight hundred pages long and included a more ostentatious cornucopia of spend- ing authorities and free stuff than had ever before been imagined in even the most profligate quarters of Capitol Hill.