And the political class doesn't like it. The Morning Joe crew talked about how doctors are over-prescribing to children diagnosed with ADD and other questionable disorders, and how this creates addiction problems later in life. This problem goes beyond doctors to an incompetent State-run educational system that has failed, yet the Morning Joe crew didn't mention the failed, State-run system, or the conclusion that education must be returned to the private sector. They didn't mention private sector solutions because no one in the political class can imagine education offered through a free market.
When David Stockman came on the show, he didn't stay long, but what he said is more important than 99% of what's been discussed on Morning Joe since its beginning. Stockman has written an important book. It's no more important than books like Tom E. Woods, Jr wrote a few years ago, Rollback, but because Stockman is more accepted in political circles, through his association with President Reagan, his book is receiving more play. The book has been attacked already, and it will be attacked even more when the political class can come up with rebuttals. Stockman, in his book, The Great Transformation, has correctly identified the cronyism involved in the 2008 bank bailouts and the ongoing economy-destroying monetary manipulations by the Fed. Although capitalism has been dead for quite a while in the US, Stockman declares capitalism very dead, now.
Harold Ford pushed back on Stockman's premises, using the conventional, statist reasoning for the bailout, making the claim that the bailout money has been paid back and the US made a profit. Stockman answered, as many of us have answered since 2008, the loss of savings held by elderly Americans, the long term unemployment and underemployment of millions of Americans, and the debt we're loading on our children and grandchildren are the costs of bailing out banks that should have gone through bankruptcy and should have been the ones suffering the losses.