Top Ten Myths That Are Ruining America
, by Erickson, John D.- ISBN: 9781470192983 | 1470192985
- Cover: Paperback
- Copyright: 3/25/2012
As anyone who has been paying any attention at all to our economy knows, we are still struggling to cope with a massive government deficit, with excessive levels of debt, high unemployment and an ever increasing gap between the rich and poor. It is critical for us recognize that these problems are not isolated incidents; they are part of an overall trend. As such, they cannot be removed by simply changing our fiscal policy, our tax code or even our leadership. Instead, these trends will continue until we recognize what is truly driving them. This book explains, in very simple terms, how these trends are being driven by our naïve beliefs regarding such things as competition, low prices, profit maximization and low interest rates. The book also explains that as these trends continue, they will increasingly put our society at greater risk; eventually leaving us in such a fragile economic state that we will be incapable of dealing with the inevitable rough patches in our economy that lie ahead.Societies don't fail during the good times. Societies fail because they are inadequately prepared to deal with the bad times.