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Friday, January 2, 2026

On David Stockman’s Out-Rage

Courtesy of Bruce Krasting.

 

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A few years ago I walked around David Stockman’s backyard. I was admiring his stone walls. We fell into a conversation about rocks and masons. David has a good eye for stone, and he knows the proper way to lay it up (A balance of symmetry and chaos, with the least amount of mortar possible).  I was pleased to learn that he holds stone masons (all artists) in much higher regard than lawyers, bankers and politicians. My kinda guy.

We talked about the macro/micro issues at length – Stockman knows the numbers and the history. He has an interesting perspective on the global economic scene. I thought about the meeting later. I concluded that Stockman was not just passionate about the state of affairs – he was out-raged. I wondered why.

 

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