Popular economists Art Laffer and Stephen Moore expertly analyze how Obama's policies have wrecked the economy, aggravating the worst economic recession since the Great Depression, and setting America on track for an epic and unavoidable crash. Laffer and Moore tell the stories you haven't heard from the mainstream media about how Obama's policies have utterly sabotaged the American economy, and in their trademark approachable and readable style describe the steps America needs to take to get back on track. In "Crash Landing," Laffer and Moore constrast Obamanomics with Reganomics, demonstrating how the Reagan Recovery worked--and took the opposite approach to virtually every policy Obama has implemented in his first term and plans to continue in his second. Laffer and Moore present complex economic data in a readable, accessible manner, so all readers can see how damaging Obama's policies have been to the American economy. Laffer and Moore deliver indisputable evidence that: Obama is ushering in inflation that rivals 1970s levelsThe Obama Administration and its allies have calculatedly deceived voters about the role of tax cuts and deregulation in the recessionThe EPA's global warming crusade is little more than another costly taxObamacare will raise health costs, hitting Americans' wallets when they're already down for the countThe "welfare cliff" actually discourages people from finding work because taxes mean they'll make less than they could on welfare when unemployed Laffer and Moore delve deeper into these issues by dissecting three "states of despair" as small-scale examples of what's coming for the rest of America: the debt-plagued and financially strapped New York, California, and Illinois. "Crash Landing" is more than a diagnosis, however--it's a prescription for how to get America back on the path to prosperity. In the final chapters Laffer and Moore describe in precise detail the changes we must make to reinvigorate our economy and keep it healthy.
Publisher: Regnery Publishing Inc
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