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Readers enter the unstable American economy, circa 2011, when "A deal was made between Congress and the President at the beginning of August 2011 to increase the debt ceiling on government borrowing by over two trillion dollars" in the name of preserving the federal government. Then, as America sat on the verge of the 2012 election, the crisis continued, and readers learn that many state and local departments began protecting themselves from the economic slaughter by cutting the jobs of some of America's most essential workers. Readers also discover that America teeters on the verge of financial collapse because of increased national spending, which then threatens the global economy. In a close examination of the rise of the independent-minded voter, the book reveals an in-depth discussion about the changing landscape of American voting, as well as proposed solutions to the economic crisis facing American workers.
This book offers a close examination of the American Social Security and tax systems. The book focuses on the federal government's greed, asserting that "Government rulers know that with money comes power, so they want this money coming in the form of tax collections for them to distribute." As the book progresses and proposes logical, small-government reforms that would help restabilize the economy, the book unearths interesting facts that hold the potential to reshape one's economic thinking. For example, forty cents to every dollar spent by Washington is borrowed money, and the Federal Reserve "holds the power to buy its own debt and 'monetize' it by adding it to its own balance sheet." As the book examines reforms to the Defense Department and other areas of major federal spending, it segues into a unique assertion, one that makes readers think about the future of not only America's governmental systems but of those all across the globe: "Just as kings and royalty have largely become a relic of the past in most of the more advanced nations of the world, so too will the top heavy governments that exist today become a relic."
As America enters a new age where traditional work values and spaces are questioned and reformed, where the fine line between government responsibility and government overreach varies from individual to individual, this book becomes a must-read for those readers interested in smaller government. For readers interested in celebrating the individuals that comprise societies rather than the governments that oversee them, this book is an engaging read as well, since it primarily focuses on federal government actions that unfortunately have dire consequences for the common person. It closely examines individual rights, and the book ultimately advocates that "Protection of these rights will lead to a better economy and a better society for all." An interesting addition to the book is the last chapter, which states that since its first publication one decade ago, the emergence of cryptocurrencies has presented a new compromise that governments and economies must deal with. Readers looking for an easy-to-understand guide to the intricacies of American economics and federal systems will find it in this work.