3382338America the Brokehttps://www.gandhi.com.mx/america-the-broke-9780385514002/phttps://gandhi.vtexassets.com/arquivos/ids/3396443/b8b7d186-f7bc-4acf-962e-41eee3791ea2.jpg?v=6383853149340700009999MXNCrownInStock/Ebooks/3318442America the Broke9999https://www.gandhi.com.mx/america-the-broke-9780385514002/phttps://gandhi.vtexassets.com/arquivos/ids/3396443/b8b7d186-f7bc-4acf-962e-41eee3791ea2.jpg?v=638385314934070000InStockMXN99999DIEbook20049780385514002_W3siaWQiOiJkN2EzZDBiNS1kNmNjLTRjNmUtYjE5NS1kODZkMGY0OGI3M2IiLCJsaXN0UHJpY2UiOjkzLCJkaXNjb3VudCI6MCwic2VsbGluZ1ByaWNlIjo5MywiaW5jbHVkZXNUYXgiOnRydWUsInByaWNlVHlwZSI6Ildob2xlc2FsZSIsImN1cnJlbmN5IjoiTVhOIiwiZnJvbSI6IjIwMjUtMDItMDVUMDY6MDA6MDBaIiwicmVnaW9uIjoiTVgiLCJpc1ByZW9yZGVyIjpmYWxzZX1d9780385514002_The dirty little secret that neither George W. Bush nor Congress are willing to confrontthat Americas reckless spending, disastrous deficits, and exploding debt are speeding our great nation to financial ruin.Imagine a world in which you lose your job because your company goes under, your retirement money disappears, the value of your home tumbles overnight, your bank stops allowing cash withdrawals, and your ATM card is canceled. The price of groceries has risen so fast that you dont have the money to pay for them at the check-out counter . . . and the country is bankrupt.That is exactly the future that economist Gerald J. Swanson sees America hurtling towardunless we rein in our countrys reckless spending. In America the Broke, Swanson, coauthor of the runaway New York Times bestseller Bankruptcy 1995, argues that the United States is on the brink of financial collapse. Thanks to George W. Bushs two tax cuts, the White House and Congress escalation of domestic spending, two wars, and an economic recession, what was a 200 billion annual surplus three years ago under Bill Clinton has become a river of red ink. The White Houses official projected deficit for 2004 is 521 billionthe largest deficit in U.S. history. With a national debt spiraling upward of 7.3 trillion, a huge trade deficit, and personal debt at an all-time high, we are standing at the edge of a financial abyss that could undermine the financial security of our families and our childrens children.Deficits dont matter, claim Vice President Dick Cheney and other members of the Bush Administration. But the facts revealed in America the Broke paint an alarming picture.Next years projected deficit will exceed the amount all our cities spend on police, fire protection, medical care, and every other civil service in an entire year. It is more than we could save from abolishing Medicare and Medicaid completely. The real deficitthe deficit the government doesnt want you to know aboutincluding the hidden funds we borrow from Social Security is nearly 1 trillion. Rising interest rates alone could trigger staggering payments on our skyrocketing debt, soaking up every dollar the government takes in, leaving America bankrupt.What does this mean for you and me? If the dollar goes into free fall, banks could close, businesses go bankrupt, real estate values crumble, and middle-class families could lose everything they own.But there is hope. We can save ourselvesif we demand that our political leaders act now to eliminate the deficit and reduce the debt. In a year of deficit denial, America the Broke is a critical wake-up call regarding our governments reckless deficit spendingas well as a blueprint for rescuing our economy and saving our country...9780385514002_Crownlibro_electonico_c7c7c2dc-f410-46fa-9fa2-3ce8249f4fb1_9780385514002;9780385514002_9780385514002Gerald J.InglésMéxicohttps://getbook.kobo.com/koboid-prod-public/RandomHouse-epub-1708c0b6-30ab-4ea5-9ca4-6c273f6316ae.epub2004-08-03T00:00:00+00:00Crown