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  • The American Deficit - Fulfillment of A Prophecy

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    Wellington Publications
    411 Ansichten255 Seiten
    The Reagan Revolution must continue if we are to avert an economic crisis in this country. Rogers readily acknowledges this is contrary to popular thinking which asserts that our enormous public debt is proof that the Reagan Revolution has failed and that our only salvation is a combination of more taxation and belt tightening. In her writing Rogers shows with actual figures and facts that the real culprit is too much spending by government rather than too little taxes collected. Reaganomics did not fail, she maintains, it never got a fair chance in a Congress controlled by those who only knew how to govern by proposing new and costly programs for constituents. Their promise to cut government excesses was never kept. Once again Congress is gearing up to spend more money, raise taxes, provide more subsidies while at the same time proposing more regulation and tighter restrictions on foreign and domestic investment, world trade and business in general. The author is certain our huge debt can be controlled with the correct government policies but that if Congress is not checked our situation could mushroom into a full-blown crisis. She quotes Lenin who declared in 1917 that Germany will militarize herself out of existence, England will expand herself out of existence and America will spend herself out of existence. No doubt we are a nation of spenders but how much is too much? Lenin showed considerable insight when it came to Germany and England. Could he be right about us; will overspending be America's downfall? Rogers looks at our debt, past, present and future and casts doubt on some widely held beliefs: Is a balanced budget desirable? What's behind the debate over government accounting practices? Are we really building defense on the backs of the poor? What really caused our trade deficit? What do we want from government? Are we willing to pay for it? Is America's decline inevitable as one more cycle in history?

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    The Reagan Revolution must continue if we are to avert an economic crisis in this country. Rogers readily acknowledges this is contrary to popular thinking which asserts that our enormous public debt is proof that the Reagan Revolution has failed and that our only salvation is a combination of more taxation and belt tightening. In her writing Rogers shows with actual figures and facts that the real culprit is too much spending by government rather than too little taxes collected. Reaganomics did not fail, she maintains, it never got a fair chance in a Congress controlled by those who only knew how to govern by proposing new and costly programs for constituents. Their promise to cut government excesses was never kept. Once again Congress is gearing up to spend more money, raise taxes, provide more subsidies while at the same time proposing more regulation and tighter restrictions on foreign and domestic investment, world trade and business in general. The author is certain our huge debt can be controlled with the correct government policies but that if Congress is not checked our situation could mushroom into a full-blown crisis. She quotes Lenin who declared in 1917 that Germany will militarize herself out of existence, England will expand herself out of existence and America will spend herself out of existence. No doubt we are a nation of spenders but how much is too much? Lenin showed considerable insight when it came to Germany and England. Could he be right about us; will overspending be America's downfall? Rogers looks at our debt, past, present and future and casts doubt on some widely held beliefs: Is a balanced budget desirable? What's behind the debate over government accounting practices? Are we really building defense on the backs of the poor? What really caused our trade deficit? What do we want from government? Are we willing to pay for it? Is America's decline inevitable as one more cycle in history?

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Als PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    411 Ansichten255 Seiten

    The American Deficit - Fulfillment of A Prophecy

    Hochgeladen von

    Wellington Publications
    The Reagan Revolution must continue if we are to avert an economic crisis in this country. Rogers readily acknowledges this is contrary to popular thinking which asserts that our enormous public debt is proof that the Reagan Revolution has failed and that our only salvation is a combination of more taxation and belt tightening. In her writing Rogers shows with actual figures and facts that the real culprit is too much spending by government rather than too little taxes collected. Reaganomics did not fail, she maintains, it never got a fair chance in a Congress controlled by those who only knew how to govern by proposing new and costly programs for constituents. Their promise to cut government excesses was never kept. Once again Congress is gearing up to spend more money, raise taxes, provide more subsidies while at the same time proposing more regulation and tighter restrictions on foreign and domestic investment, world trade and business in general. The author is certain our huge debt can be controlled with the correct government policies but that if Congress is not checked our situation could mushroom into a full-blown crisis. She quotes Lenin who declared in 1917 that Germany will militarize herself out of existence, England will expand herself out of existence and America will spend herself out of existence. No doubt we are a nation of spenders but how much is too much? Lenin showed considerable insight when it came to Germany and England. Could he be right about us; will overspending be America's downfall? Rogers looks at our debt, past, present and future and casts doubt on some widely held beliefs: Is a balanced budget desirable? What's behind the debate over government accounting practices? Are we really building defense on the backs of the poor? What really caused our trade deficit? What do we want from government? Are we willing to pay for it? Is America's decline inevitable as one more cycle in history?

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