Book description
If you think the current administration is mismanaging the economy straight towards disaster, you're not alone: so do two top economists from both sides of the political aisle. In Seeds of Destruction, former Bush chief White House economist R. Glenn Hubbard and well-known CNBC commentator Peter Navarro explain why current economic policy is a catastrophic failure. Then, they offer a comprehensive, bipartisan blueprint for reversing the decline of America's currency, manufacturing base, and standard of living - setting the stage for the epic policy debates that will precede the 2010 elections. Hubbard and Navarro begin with a "checklist" of what it takes to be a prosperous, democratic nation - and show why Obama's policies (some of Bush's also) fail on every level. They explain why the activist Federal Reserve and Obama fiscal stimulus policies are doing far more harm than good... why we must restore the U.S. manufacturing base, whatever China says about it... how to transform tax policy into an engine of growth and innovation... how to apply the "tough love" needed to save Social Security, Medicare, and Medicaid... why America must resign the job of world policeman... how market-based solutions can finally deliver real energy independence... how to reform our antique financial regulatory system without imposing heavy-handed rules that cause even more trouble.
Table of contents
- Title Page
- Copyright Page
- Contents
- Praise for Seeds of Destruction
- Foreword
- About the Authors
- Introduction: The White House Plants Its Seeds of Destruction
- Part I. Getting from Seeds of Destruction to Seeds of Prosperity
- Part II. Fixing America’s Destructive Duo: Monetary and Fiscal Policy
- Part III. Getting the “Big Three” Right: Tax, Trade, and Energy Policy
- Part IV. Good Politics Usually Makes for Bad Economics
- Part V. The American Economy at a Crossroads
- Index
- Financial Times Press
- An Interview with Glenn Hubbard About His Time in the White House
Product information
- Title: Seeds of Destruction: Why the Path to Economic Ruin Runs Through Washington, and How to Reclaim American Prosperity
- Author(s):
- Release date: August 2010
- Publisher(s): Pearson
- ISBN: 9780132369961
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