What Happened to America? From Karl Marx to the Radical Socialism of President Obama... His Dreams, Politics and Performance in Office
This is an economist-turn-businessman's view of what happened to America in his lifetime. More
This is an economist-turn-businessman's view of what happened to America in his lifetime...that is between the Depressions of 1929 and 2007. The narrative starts with the ballooning Federal Debt. Then...it considers the competing economic development theories of John Maynard Keynes and Milton Friedman; and it ends with Modernized Marxism and the Presidency of Barack H. Obama Jr.. It is the story of the New Left and the Far Left in America.
The critical pivot point in this narrative is the election of President Obama in 2008. He is a Radical Socialist whose election was, in effect, a "Bloodless Coup" by what is the Far Left of the Democratic Party. Senator Obama was a viable Presidential candidate of "many gifts but precious few accomplishments". BUT he was elected twice and has doggedly implemented his radical socialist agenda.
The author contends that the U.S. is now in uncharted territory where the welfare of the average American is likely to become materially worse rather than better.