• book

From the Publisher

When he took office in 2001, George W. Bush inherited the strongest economy in American history. He inherited the largest federal budget surplus in American history -- and the prospect of paying off the entire national debt in just eight years. He inherited a strong dollar and sound fiscal policy. He inherited a nation whose economy was so strong that commentators who just a decade before were predicting American decline were now complaining about American dominance.

And yet, Dubya blew it. Squandered everything he'd inherited from President Clinton.

We thought if Junior was good at anything, it was inheriting things.

It's Still the Economy, Stupid is the story of how America's CEO -- our first MBA president -- has trashed our economy. It shows:

How he wasted the surplus on massive tax cuts for the hyper-rich.

How he talked down the economy for his short-term political gain, then passed an economic program that has put 1.8 million Americans out of work and cost investors $4.4 trillion.

How he abandoned his free-trade rhetoric to adopt protectionist tariffs, effectively raising taxes on consumers.

How he walked away from needed investments in education, training, and all the things that make us smarter, safer, and stronger economically.

How he plans to go on from here to cripple Social Security and to allow the privileged to avoid even more taxes.


It makes you wonder: What do they teach you at Harvard Business School?

Topics: George W. Bush and Politics

Published: Simon & Schuster on
ISBN: 9781439130551
List price: $7.99
Read on Scribd mobile: iPhone, iPad and Android.
Availability for It's Still the Economy, Stupid by Paul Begala
With a 30 day free trial you can read online for free
  1. This book can be read on up to 6 mobile devices.

Related Articles

The Atlantic
3 min read

Where U.S. Companies Stand on the Border Adjustment Tax

A divide is emerging among American companies when it comes to the Trump administration’s proposed border adjustment tax. For some, the tax—which would shift taxation from where goods are produced to where goods are sold—could bode poorly, since prices for consumers would go up, potentially decreasing demand for their products. But for others, there may be a benefit, as the tax could increase demand for American-made goods, boosting sales and jobs. On both sides, companies have potentially billions of dollars at stake. Lobbyists in the retail, energy, and auto industries have already started a
NPR
3 min read

George W. Bush Calls Foreign Aid A Moral And Security Imperative

President Trump's budget blueprint is all about "hard power" — increasing the country's military might by slashing foreign aid. The proposed cuts are in contrast to the dramatic boost to foreign aid under President George W. Bush. Bush dedicated billions to combatting HIV/AIDS in Africa with a program called PEPFAR that still exists today. So far, it has been spared from cuts. He highlighted the program's work and that of his post-presidency initiative to combat AIDS and cervical cancer during a recent trip to Africa. "I think the most meaningful moment for me was going to a maternity ward in
The Atlantic
3 min read
Politics

For Trump, 'We Have a Lot of Killers' Isn't a Criticism

In an interview that aired on Sunday, Bill O’Reilly alleged that Vladimir “Putin is a killer.” Donald Trump replied, “We have a lot of killers. Well, you think our country is so innocent?” Journalists reacted with disbelief. During the Obama administration, conservatives sometimes suggested that, in his heart, President Obama didn’t consider the United States to be morally exceptional. Now Trump is saying so baldly. “I’m trying to imagine your response if President Obama defended the murderous reign of Vladimir Putin by saying ‘You think our country is so innocent?’” CNN’s Jake Tapper asked Re