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

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

Continue Shopping or See your cart

Item Description

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.

Product Details

  • Author: Stephen Moore
  • Publication Date: 2009-12-01
  • Publisher: Encounter Books
  • Product Group: Book
  • Manufacturer: Encounter Books
  • Binding: Paperback, 48 pages
  • Package Dimensions:
    • Dimensions: 760L x 510W x 30H
    • Weight: 30
  • List Price: $5.99
  • ISBN: 1594034648
  • ASIN: 1594034648

Buying Options

Sold by thermite-media: Usually ships in 1-2 business days

Similar Items

Customer Reviews

Average Amazon User Rating: 3.0 stars

5 stars A book that tells the truth, something other media wont 2010-08-21

Reviewer: B. Stilson

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.

1 stars Already known facts about O'Bama 2010-07-23

Reviewer: Nancy Reichardt

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.

1 stars Jonathan 2010-06-26

Reviewer: Jonathan

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!!!

2 stars How Obama is Bankrupting the Economy 2010-06-22

Reviewer: Mark . Costa

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

5 stars The Short Truth 2010-06-20

Reviewer: H. C. Cook

This book really nails it down. Short and concise yet packed with information. There has been so much spending that we tend to forget where it all started and just how much has been spent. This is the perfect little reference book for impressing upon your friends and family why this spending must stop.