Obama Item ID: #318How Barack Obama is Bankrupting the U.S. Economy (Encounter Broadsides)Product Information:
Item DescriptionIn 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. Previous 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 program, 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. Item Reviews5 Responses to “How Barack Obama is Bankrupting the U.S. Economy (Encounter Broadsides)”Leave a Reply |
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This is barely considered a book, its 48 pages.
Maybe a thick pamplet at best.
This book explains what went wrong, how and why. Sadly the media: magazines, television, radio and the internet are not letting Americans know how bad things really are. I had hope for the “change”. The first stimulus bill worried me because politicians rushed into it and never read the 2000 page bill but approved it. That was a bad sign. Not to read a bill of that size and the fact that it was loaded with waste filled spending on projects that had little, if no impact on job creation and stabilization of the economy. Common sense ecomomics says when in debt and have no money, DO NOT BORROW money to spend on things you don’t need. Funding service related projects that do not generate revenue is a bad idea, the money always runs out. Why do the tax breaks (mortgage) and entitlements go to people who aren’t paying their bills? I pay my bills on time and if I was given a break I would have more money to put back into the economy. Common sense.
After 19 months the government has gotten bigger so now we have more government expenses. Next will be increased taxes and regulations to pay for it. This does not help Americans get jobs or stabilize the economy. Sadly the “hope and change” has evaporated. Obama’s policies have proven to be a failure. With trillions in debt, monthly jobs losses that top the previous month, and 9.6+% unemployment all happening while Obama vacations in posh resorts. Obama and his “dream team” of advisors has proven to be a group of questionable people with alot of ideas, concepts and theories…none that have worked in our REAL economy. Read this book and most of all use common sense to help yourself and your family to make it through these tough times. Learn another lesson along the way like I have, verify the backround of people you vote for instead of getting caught up wishing for someone to create a better life for you. Something that sounds too good to be true…usually is.
The facts in this book are already known and have been known for quite some time. I do not approve of authors making money from titles making you think they have facts that are new. I rate this a minus 10.
I thought I was purchasing a “book”, not a pamphlet! They were not even worth reading or spending the money sending them back. I trashed them without even reading them. A waste of money and not worth a review!!!
this is not really a book as much it is a
34 page pamplet and not worth the $6.55
to me. i donot recommend it