The Great American Deception: What Politicians Won't Tell You About Our Economy and Your Future - Tapa dura

This text examines popular economic ideas, espoused by people such as Newt Gingrich, Dick Armery, Jack Kemp, Steve Forbes, Bob Dole, and Bill Clinton. Caught up in election year rhetoric, this group offered the American public a wide range of ideas meant to address the economic concerns of the day. This work tackles their ideas one by one, arguing that they claim no historical backing, and are often based on flimsy logic, and instead of solving the US's economic problems, are making them worse. From the failed notion of trickle-down economics to the consequences of the US's shift from a manufacturing to service community, the book unravels the mysteries and failed logic behind today's economic ideas and probes the reason why a majority of Americans still feel the pinch of making ends meet - even in light of the most promising economic numbers in decades. It then makes a case for a plan that stimulates the economy by restricting imports and increasing tariffs.

Ravi Batra, Ph.D., is Professor of International Economics at Southern Methodist University.