Seeds of Destruction:Why the Path to Economic Ruin Runs Through Washington, and How to Reclaim American Prosperity - Hardcover

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Glenn Hubbard, Dean of Columbia Business School, served in the Bush White House from February 2001 until March 2003 as the Chairman of the Council of Economic Advisers and the OECD’s Economic Policy Committee. He also was the Deputy Assistant Secretary of the U.S. Treasury Department for Tax Analysis from 1991 to 1993. His commentaries appear frequently in the “Nightly Business Report,” “Marketplace,” The Wall Street Journal, and the Financial Times.

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Peter Navarro is a business professor at UC Irvine, CNBC contributor, and a widely sought-after speaker. He has appeared on Bloomberg TV and radio, CNN, NPR, and 60 Minutes. His books include Always a Winner and The Coming China Wars. His Web site is www.peternavarro.com.

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Government policy and the Obama administration are driving the American economy straight toward catastrophe. Now, two respected economists one a Republican, one a Democrat explain why these policies are so dangerous and offer a bipartisan, common-sense blueprint for reversing America s economic decline.

Glenn Hubbard and Peter Navarro explain why sustained growth is the only long-term solution, outline the elements of a vibrant economy, and explain why current policies are failing on every level. They reveal how we can finally restore the critical U.S. manufacturing base return to our tradition of sound money transform tax policy into an engine of growth and innovation save Social Security and Medicare with tough love use market-based solutions to achieve real energy independence reform antique financial regulations without making matters worse...and balance our burgeoning budget deficits with strong economic growth rather than through punitive taxation.

Whatever your politics, if you re frightened about the future, you should be. This book shows how we can grab the steering wheel, veer away from the cliff, and build a brighter economic future for everyone.

* Short-term stimulus, long-term disaster

Why massive federal spending and ultra-easy money policies spell long-term disaster

* Planting the new seeds of growth and innovation

How to restore America to the path of long-term prosperity

* Addressing the structural imbalances destroying the U.S. economy

Re-igniting the #1 driver of growth: business investment