Full Faith and Credit
The National Debt, Taxes, Spending, and the Bankrupting of America
by By Alan Axelrod, Feauturing Editorial Cartoons by Michael Ramirez
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Pub Date Sep 27 2016 | Archive Date Mar 04 2017
Description
Conservative, Liberal, Republican, Democrat, Libertarian, Socialist... Each has a laundry list for America on which the slow-motion cataclysm of unsustainable national debt is but a lonely bullet point among dozens of others. Follow the Money zooms in on that point, liberates it from partisan programs and political orientations, expands it, explores it, and explains it.
The book examines key dimensions of our national life—from a military-industrial complex more menacing than even Eisenhower could have imagined to a Tower of Babel tax code that covertly translates taxes into secret spending. With the aim of converting bystanders into informed advocates of change, Full Faith and Credit is rich with eye-opening data, surprising case studies, and you-can’t-make-this-stuff-up examples:
• For every official the United States public has elected, its government supports 5,000 unelected employees.
• $1 billion is the cost to destroy $16 billion in ammunition unneeded by the U.S. military.
• $20,973,890,000 is the total taxpayer cost to the Treasury of gambling losses deducted by millionaires.
More timely than ever, Full Faith and Credit locates the tipping point of the $18.8 trillion national debt crisis and offers new ideas on how to fix it.
The book examines key dimensions of our national life—from a military-industrial complex more menacing than even Eisenhower could have imagined to a Tower of Babel tax code that covertly translates taxes into secret spending. With the aim of converting bystanders into informed advocates of change, Full Faith and Credit is rich with eye-opening data, surprising case studies, and you-can’t-make-this-stuff-up examples:
• For every official the United States public has elected, its government supports 5,000 unelected employees.
• $1 billion is the cost to destroy $16 billion in ammunition unneeded by the U.S. military.
• $20,973,890,000 is the total taxpayer cost to the Treasury of gambling losses deducted by millionaires.
More timely than ever, Full Faith and Credit locates the tipping point of the $18.8 trillion national debt crisis and offers new ideas on how to fix it.
Advance Praise
“Congress should require everyone – especially all in government - to read this book. History teaches that every country that gets into our situation ends with crises and semi-crises, but perhaps we could head it off if we all listen. I doubt it, but at least you would all know what is coming and could perhaps prepare yourselves so you could survive.”—Jim Rogers, author of Street Smarts: Adventures on the Road and in the Markets
Available Editions
| EDITION | Hardcover |
| ISBN | 9780789212832 |
| PRICE | $27.50 (USD) |
