How Barack Obama is Bankrupting the U.S. Economy (Encounter Broadsides)

How Barack Obama is Bankrupting the U.S. Economy (Encounter Broadsides) pdf epub mobi txt 电子书 下载 2025

出版者:Encounter Books
作者:Stephen Moore
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页数:48
译者:
出版时间:2009-12-01
价格:USD 5.99
装帧:Paperback
isbn号码:9781594034640
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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.

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