The Angry Liberal’s Handbook of Economics
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If you get the idea that government is an important player in the economy, you are so right. As money is the bloodstream of the economy, and corporations are the vital organs of the economy, government is both the central nervous system and conscience of the economy. It is extremely important that you understand this.
Good government can make an economy grow and prosper while protecting the health and well-being of its citizens. Bad government can cripple an economy, and make its citizens unhealthy, poor, and unsafe. Government provides the critical leadership that can make a nation great or a deplorable basket case.
People are born essentially the same, wherever they live. The environment that they grow up in is largely determined by the effectiveness of their government. If you were born in
At this point, let me ask you an important question. How much does a barrel of imported oil cost us? Offhand, you probably don’t know, and would look it up on CNBC or the internet. If you did your homework right, you would come up with the answer, “about $30 per barrel”. Indeed, that is the going rate on the international oil market. However, it is the wrong answer. Dead wrong. Why?? Iit does not cover the cost of fighting the international mischief and terrorism that is funded by oil money. When you top up your compact car or your SUV with gas, the cost is a lot more than the $1.50 per gallon indicated on the pump. You are supporting vicious dictators, terrorists, or crackpots somewhere with every gallon that flows into your tank. You are supporting nuclear weapons programs in countries such as
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About the Book
Being a life-long Democrat, the author is extremely concerned about the recent direction of the Democratic Party. In key political offices throughout the country, Republicans are gaining ground. At the same time, public position taken by leading Democrats are largely negative, defensive, and disjointed in nature, on both political and economic issues. Regarding economic issues, the author sees many opportunities that are not being properly addressed by the Democratic leadership. The book provides a simple, clear explanation of how our economy works. It covers key subjects, such as economic output and growth, income distribution, corporations, and the role of government. With this background it addresses important policy issues, such as taxation, social security, trade, immigration, education, and energy. Within these policy chapters, a number of specific proposals are made which should be considered, debated, and pursued by the Democratic leadership.
About the Author
After acquiring a bachelor’s degree in chemical engineering and an MBA, Ben Arbutiski worked in the oil business for 30 years, performing consulting work throughout the world. He has used this experience to write a book that describes, in everyday language, how a successful economy operates, and what strategies our Democratic leadership should pursue on key economic issues. He is hopeful that the book will be an inspiration to young Democrats, and that it will be helpful in renewing the original optimistic spirit of the Democratic party--to build a strong America, to help the unfortunate live a comfortable life, and to help the able achieve their highest potential.