Sure to spark controversy, this book, reminiscent of the bestsellers Politics of Rich and Poor and Day of Reckoning, tells the real truth about America's long term economic decline--what caused it, what it has done to Americans, and what Americans should do about it.
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Sure to spark controversy, this book, reminiscent of the bestsellers Politics of Rich and Poor and Day of Reckoning, tells the real truth about America's long term economic decline--what caused it, what it has done to Americans, and what Americans should do about it.
Read Less
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Good. Good condition. Good dust jacket. A copy that has been read but remains intact. May contain markings such as bookplates, stamps, limited notes and highlighting, or a few light stains. Bundled media such as CDs, DVDs, floppy disks or access codes may not be included.
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Like New. In excellent condition. From Publishers Weekly: Disputing with economists who blame declining U.S. living standards on inflation, federal budget deficits, shoddy education or low levels of investment, Madrick views these presumed causes as the consequences of a sharp slowdown in U.S. economic growth since 1973. Smaller annual growth rates, in his often provocative analysis, have translated into lost jobs, stagnating wages, eroding markets, insecure pensions and reduced home-ownership. Former Business Week finance editor and a former NBC economic reporter, Madrick believes that Americans will create a realistic national agenda only when they abandon misplaced optimism by recognizing that slower economic growth may well be permanent and a structural rather than a cyclical phenomenon. Although offering a few concrete proposals, he recommends more investment in plants, equipment and research and development. He sets as top priorities control of health care costs and greater allocations to schools, day care centers and libraries. Author tour. Copyright 1995 Reed Business Information, Inc. -From Library Journal: Madrick, the former national economic reporter for NBC and former finance editor for Business Week magazine, believes that the United States has been experiencing economic decline since 1973, with a loss of some $12 trillion in production. This explains our chronic government budget deficits and the stagnant or falling incomes of most Americans. Madrick rejects conventional solutions such as making business more competitive, raising the savings rate, increasing exports, and improving education. In his view, our reduced economic circumstances are structural and permanent. Before searching for a way out, Americans must accept these realities. Madrick's account is adequate, but the essentials of his analysis are ""in the air"" and have been made more systematically in magazine articles, for example. An optional purchase for large public libraries. Harry Frumerman, formerly with Hunter Coll., New York Copyright 1995 Reed Business Information, Inc.
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Used-Good. Slight wear. May have minor sticker residue or marks or writing. Our service is second to no other seller because we use easy to remove inventory tags and try to ship every day so your book arrives quicker! As a small independent book store in the Midwest we thank you for the support. Satisfaction guaranteed in all transactions. Let us know what we can do to help!
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