Description

Choices about budget priorities are arguably the most important made by the federal government, profoundly affecting the well-being of citizens. Bruce Jansson documents how presidents from FDR to Clinton have made ill-advised choices that wasted trillions of dollars. Going beyond charges of corruption or bureaucratic waste, the book is an eye-opening expose revealing innumerable useless projects (military as well as civilian), unnecessary tax concessions, and the use of interest payments to cover deficit spending, among other costly mistakes. Using Office of Management and Budget projections through 2004, Jansson shows how the madness continues-and how an informed electorate can put an end to it.

The Sixteen-Trillion-Dollar Mistake: How the U.S. Bungled Its National Priorities from the New Deal to the Present

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Hardback by Bruce Jansson

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Choices about budget priorities are arguably the most important made by the federal government, profoundly affecting the well-being of citizens.... Read more

    Publisher: Columbia University Press
    Publication Date: 22/02/2001
    ISBN13: 9780231114325, 978-0231114325
    ISBN10: 023111432X

    Number of Pages: 496

    Non Fiction , Politics, Philosophy & Society

    Description

    Choices about budget priorities are arguably the most important made by the federal government, profoundly affecting the well-being of citizens. Bruce Jansson documents how presidents from FDR to Clinton have made ill-advised choices that wasted trillions of dollars. Going beyond charges of corruption or bureaucratic waste, the book is an eye-opening expose revealing innumerable useless projects (military as well as civilian), unnecessary tax concessions, and the use of interest payments to cover deficit spending, among other costly mistakes. Using Office of Management and Budget projections through 2004, Jansson shows how the madness continues-and how an informed electorate can put an end to it.

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