This book deals with the budget-surplus myth, the Social Security Trust Fund, and voodoo economics (economic malpractice) over the past 20 years. It exposes the deliberate deception of the public by politicians from both parties that has led to the erroneous belief that the government has surplus money that is available for financing a large tax cut or new government programs. The book points out that there is no significant non-Social Security surplus today and that the projected surpluses for the next decade are little ...
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This book deals with the budget-surplus myth, the Social Security Trust Fund, and voodoo economics (economic malpractice) over the past 20 years. It exposes the deliberate deception of the public by politicians from both parties that has led to the erroneous belief that the government has surplus money that is available for financing a large tax cut or new government programs. The book points out that there is no significant non-Social Security surplus today and that the projected surpluses for the next decade are little more than wishful thinking based on unrealistic economic assumptions. The book includes a detailed history of the economic policies and economic malpractice of the past two decades and analyzes the economic proposals of presidential candidates Al Gore and George W. Bush.
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