It's Still the Economy, Stupid by Paul Begala

It's Still the Economy, Stupid

George W. Bush, the GOP's CEO

Paul Begala

Simon & Schuster · Print & ebook · May 11, 2010

When he took office in 2001, George W. Bush inherited the strongest economy in American history.

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Who it’s for
A critique of Bush-era choices on budgets, taxes, trade, and public investment.
Themes
Bush-era economic policy, Tax cuts and federal budgets, Trade and social spending
Genres
Economic Policy, Political Economy, The Presidency & Executive

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About this book

When he took office in 2001, George W. Bush inherited the strongest economy in American history. He inherited the largest federal budget surplus in American history -- and the prospect of paying off the entire national debt in just eight years. He inherited a strong dollar and sound fiscal policy. He inherited a nation whose economy was so strong that commentators who just a decade before were predicting American decline were now complaining about American dominance.

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And yet, Dubya blew it. Squandered everything he'd inherited from President Clinton. We thought if Junior was good at anything, it was inheriting things. It's Still the Economy, Stupid is the story of how America's CEO -- our first MBA president -- has trashed our economy. It shows: • How he wasted the surplus on massive tax cuts for the hyper-rich. • How he talked down the economy for his short-term political gain, then passed an economic program that has put 1.8 million Americans out of work and cost investors $4.4 trillion. • How he abandoned his free-trade rhetoric to adopt protectionist tariffs, effectively raising taxes on consumers. • How he walked away from needed investments in education, training, and all the things that make us smarter, safer, and stronger economically. • How he plans to go on from here to cripple Social Security and to allow the privileged to avoid even more taxes. It makes you wonder: What do they teach you at Harvard Business School?

Bush's Economic Record

A critique of Bush-era choices on budgets, taxes, trade, and public investment.

Come here for

  • The inherited federal surplus and debt outlook
  • Bush's tax and trade decisions

Expect

  • Coverage of education and training investment
  • Discussion of proposed Social Security changes

Where it sits

Economic Policy56%
Political Economy37%
The Presidency & Executive32%

Percentages are BookFrontier’s reading of the book.

Publisher categories

  • Business & Economics
  • Government Accounting
  • Politics & Government
Authors
Paul Begala
Publisher
Simon & Schuster
Published
May 11, 2010
Format
Print & ebook
Theme
Bush-era economic policy · Tax cuts and federal budgets · Trade and social spending
Reading lane
Business & Economics