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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. AOL - News Politics Sports & Latest Headlines Get breaking news and the latest headlines on business entertainment politics world news tech sports videos and much more from AOL News Archive TheHill White House press secretary Sean Spicer was confronted by a woman while shopping the Apple store in Washington DC this weekend"How does it feel to work for a Subprime mortgage crisis - Wikipedia Causes of the United States housing bubble; Credit rating agencies and the subprime crisis; Government policies and the subprime mortgage crisis; Causes of the Great BD LIVE - Business Day BIG READ: Ms Pragmatic vs Mr Unpredictable Stefan Wagstyl GLOBAL POLITICS He has accused her of ruining Germany while she has Gates of Vienna After being taken down twice by Blogger within a single week we got the message: Its Time To Go Gates of Vienna has moved to a new address: Barack Hussein Obama - Conservapedia Main article : Early life and career of Barack Hussein Obama Obama claims to have been born in Honolulu Hawaii on August 4 1961 to Stanley Ann Dunham and Barack World Perspectives: A turbulent period in history This statement was agreed on December 5 2014 by a meeting of the International Executive Committee (IEC) of the Committee for a Workers International News We Don't Have Time To Write About (archive) Obama revolutionizes war: 'leaving' is the new 'victory' ACORN to change name to CHESTNUT; meaning of new acronym still being debated Obama's new autobiography Article expired The Japan Times The article you have been looking for has expired and is not longer available on our system This is due to newswire licensing terms News: Breaking stories & updates - News Telegraph Latest breaking news including politics crime and celebrity Find stories updates and expert opinion
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