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The author clarifies how and why changes are happening to America's economy and its former world prominence. At the root of most of these problems, he identifies a fatal flaw in our governance structure, unanticipated by the framers of the constitution. This book concludes with an urgent call for a practical correction of this defect and a plea for the campaign rhetoric of the 2016 political candidates to express clearly the reasons why they advocate their policy positions on important economic issues.
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A faltering American dream: excessive accumulation of money and power through the federal elections market
2015, Archway Publishing
in English
1480821187 9781480821187
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Table of Contents
Public subsidies for corporate operations
The increasing success of corporate America in avoiding taxes
Basic ideas that influence economic policies for Democrats and Republicans
The two political parties try different ways to stimulate the economy during recessionary downturns
The tight relationship between business and government in the global economy
Comparing Democratic and Republican economic policies between 1945 and 2009
Increasing costs and complexity of National governance
Government regulations in the operations of a free-market economy
Financial assets in the U.S. economy
Successes and dangers in U.S. megabank operations
The accumulation of most of America's financial assets by a small minority of Americans
The distribution of financial assets in the U.S. economy
The faltering American dream. The case for a better funded federal government
Big money in American political elections
A better way to elect politicians to public office
Summing up.
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