The Great American Deception: What Politicians Won't Tell You about Our Economy and Your Future

Abstract: Evaluates the latest economic ideas of Bill Clinton, Newt Gingrich, Bob Dole, Dick Armey, Jack Kemp and others, and exposes their weaknesses.

Keywords: book review, economics, taxes, investment, social security, tariffs, foreign trade, NAFTA, North American Free Trade Agreement, budget deficits, balance, income tax, United States.

Title: The Great American Deception: What Politicians Won't Tell You about Our Economy and Your Future Author: Ravi Batra, Raveendra N. Batra Publisher: John Wiley and Sons Date Published: July 1996 ISBN: 0471165565 LOCN: HF1753.B38 1996 Dewey: 330.973 20 Pages: 278 Footnotes: 237 Figures: 37

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CONTENTS

Chapter 1: Introduction: America, What Is Wrong?

Chapter 2: The Ugly Secret

Chapter 3: The Twelve Commandments of Modern Economics

Chapter 4: Do Low Taxes on the Rich Stimulate Savings and Investment?

Chapter 5: High Historical Growth with a 90 Percent Income Tax

Chapter 6: Are Income and Social Security Taxes Better Than Tariffs to Fund the Government?

Chapter 7: Are Tariffs Inflationary?

Chapter 8: Low Manufacturing, Low Wages, and Low Growth

Chapter 9: The Hangover of NAFTA

Chapter 10: Inequality and Depressions

Chapter 11: The Destructive Tax System in Other Countries

Chapter 12: A Plan for American and Global Prosperity

LIBRARY OF CONGRESS DATA

Author:        Batra, Raveendra N.
Title:         The great American deception : what politicians
                  won't tell you about our economy and your future / Ravi
                  Batra.
Published:     New York : J. Wiley, c1996.
Description:   x, 278 p. : ill. ; 24 cm.
LC Call No.:   HF1753.B38 1996
Dewey No.:     330.973 20
ISBN:          0471165565 (cloth : acid-free paper)
Notes:         Includes bibliographical references (p. 239-256)
                  and index.
Subjects:      Tariff -- United States.
               Free trade -- United States.
               Budget deficits -- United States.
               Balance of trade -- United States.
               Income tax -- United States.
Control No.:   96024021 

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