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Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It by Peterson, Peter G - 2004
by Peterson, Peter G
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Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
by Peterson, Peter G
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Farrar Straus & Giroux, 2004. Book. Fine. Trade Paperback. 8vo - over 7¾" - 9¾" tall. Like-new copy - Appears unread. NO remainder marks or price clippings - Tight spine - Bright pages - NO writing, marks or tears. 239 pages. - When Bush came to office in 2001, the 10-year budget balance was officially projected to be at a surplus of $5.6 trillion. But after three big tax cuts, the bursting of the stock-market bubble, and the devastating effects of 9/11 on the economy, the surplus has evaporated, and the deficit is expected to grow to $ 5-trillion over the next decade. The domestic deficit is only the half of it. Given our $500 billion trade deficit and our anemic savings rate, we depend on an unprecedented $2 billion of foreign capital every working day. If foreign confidence were to wane, this could lead to the dreaded hard landing. Peter G. Peterson--a lifelong Republican, chairman of the Blackstone Group, and former secretary of commerce under Nixon--shatters the myths with hard facts and a harrowing view of the twin deficit's real impact. Republicans and Democrats alike have mortgaged America's future through reckless tax cuts, out-of-control spending and Enron-style accounting in Congress. And the situation will only get worse as the Baby Boom generation begins to retire, making unprecedented demands on entitlement programs like Social Security and Medicare. Despite what Bush says, we are on a path that could end in economic meltdown, and we simply cannot grow out of the deficit. In Running On Empty, Peterson sounds the warning bell and prescribes a set of detailed solutions which, if implemented early, will prevent the need for draconian measures later. He takes us behind the politicians' smoke-and-mirror games, and forcefully explains what we must do to rescue the future of our country..
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- ISBN 10 0374252874
- ISBN 13 9780374252878
- Publisher Farrar Straus & Giroux
- Date Published 2004
- Keywords BUSH GEORGE W WALKER 1946 LAW GOVERNMENT POLITICS RUNNING ON EMPTY DEMOCRATS REPUBLICANS PETER PETERSON
- Size 8vo - over 7�" - 9�" tall
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Running On Empty: How The Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
by Peter G. Peterson
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Running on Empty : How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do about It
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Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
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Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
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Running On Empty: How The Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
by Peter G. Peterson
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[ Edition: Reprint ]. Good Condition. [ No Hassle 30 Day Returns ][ Ships Daily ] [ Underlining/Highlighting: NONE ] [ Writing: NONE ] Publisher: Farrar, Straus and Giroux Pub Date: 7/14/2004 Binding: Hardcover Pages: 272
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Running on Empty : How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do about It
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Running on Empty : How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do about It
by Peterson, Peter G
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- ISBN 13
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Running on Empty : How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do about It
by Peter G. Peterson
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Farrar, Straus & Giroux, 2004. Hardcover. Very Good. May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less.Dust jacket quality is not guaranteed.
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Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do about It
by Peterson, Peter G
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- ISBN 13
- 9780374252878
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Farrar Straus Giroux, 2004. Hardcover. Good. Former library book; Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less.Dust jacket quality is not guaranteed.
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