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Obama's War on Jobs and Growth and What We Can Do Now to Regain Our Future
Wiley
March 2012
On Sale: February 28, 2012
224 pages ISBN: 1118186176 EAN: 9781118186176 Kindle: B007244ROM Hardcover / e-Book
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Non-Fiction Political
A provocative critique of the Obama administration's
economic policies and an examination of America's difficult
economic future During the 2008 presidential campaign,
Barack Obama promised "a net spending cut" to make
government smaller in order to reduce the deficit. But this
huge increase in government spending and debt, and the
resulting prospect of higher taxes, will make America a
poorer country. Are Americans happier because the government
has determined where this money should be spent? According
to John Lott and Americans for Tax Reform President Grover
Norquist, the answer is no, and in Debacle: Obama's War
on Jobs and Growth and What We Can Do Now to Regain Our
Future they explain why. Obama's economic policies
have raised unemployment, slowed economic growth,
dramatically raised the national debt, squandered taxpayer
money through poor investments, and damaged the housing
market. The book explains why Obama's policies on spending,
taxes, and regulation have all worked to harm the recovery,
increase unemployment, and depress housing
prices. - The Congressional Budget Office estimates
that the deficits that President Obama proposes for the
years from 2011 through 2020 come to a staggering $126,000
per family of four, and John Lott and Grover Norquist make
clear why the costs outweigh the benefits
- Explains
why Keynesian economics is more a way of transferring wealth
to political constituencies than a legitimate economic
theory for understanding how the economy
operates
- Posits that Obama's economic policies were
more an opportunity "to do big things" than to solve the
country's economic problems
Arguing that the
policies of the Obama administration have created widespread
economic chaos, Debacle is a bleak look at American
finance from Grover Norquist.
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