How Barack Obama is Bankrupting the U.S. Economy

Stephen Moore (Autor)

Buch | Softcover

48 Seiten

2010
Encounter Books,USA (Verlag)
978-1-59403-464-0 (ISBN)

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In his first nine months in office Barack Obama has pursued the most aggressive government expansionist agenda since Franklin Roosevelt's new deal was launched in 1933. White House chief of staff Rahm Emanuel summarized the Obama first-year game plan best: "An economic crisis is a terrible thing to waste." So far, we have seen multi-trillion dollar bailouts in housing, banking, insurance, and auto industries, the stimulus plan, cap and trade, a $1.2 trillion health care bill, and of course, the $4 billion cash for clunkers program. None of this has worked. Now, six months after the stimulus progam, we sit at 9.4% unemployment. Two million more Americans are jobless. The debt has exploded like a cork from a bottle of champagne. We are now told that the Obama agenda will cost $9 trillion in debt as it plans to spend $42 trillion over the next decade. In this riveting broadside, Stephen Moore explains this rotten story of Washington arrogance and malfeasance, and reveals exactly why Obamanomics failed.

Stephen Moore joined The Wall Street Journal as a member of the editorial board and senior economics writer on May 31, 2005. He splits his time between Washington and New York, focusing on economic issues, including budget, tax and monetary policy.

Erscheint lt. Verlag	14.1.2010
Reihe/Serie	Encounter Broadsides
Zusatzinfo	Illustrations
Verlagsort	New York
Sprache	englisch
Maße	120 x 177 mm
Gewicht	51 g
Themenwelt	Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-10	1-59403-464-8 / 1594034648
ISBN-13	978-1-59403-464-0 / 9781594034640
Zustand	Neuware