BOOK REVIEW – THE FIVE STRUCTURAL BARRIERS TO AMERICAN STRENGTH AND PROSPERITY

 

If you are looking for a good, easy to read book on why the U.S. recovery has been so painfully slow, Frank Roche’s new book, ‘The Five Structural Barriers to American Strength and Prosperity’ will lay out  the 5 main reasons that are holding our country back. 
  The policies that our government have been following since the 1960’s and 70’s just might have something to do with it.  Frank Roche discusses  our immigration policy, fiscal policy, U.S. international trade policy, regulatory policy and the U.S. education policy.     Nancy

THE FIVE STRUCTURAL BARRIERS TO AMERICAN STRENGTH AND PROSPERITY

  BY FRANK ROCHE,  Market Economist,  Adjunct Professor of Economics and capital markets expert

May 28, 2013

The weak cyclical recoveries from America’s first two recessions in the 21st Century are exposing a long camouflaged and ignored truth. That is, bad public policy as practiced by elected and appointed officials at the state and federal level since the 1960’s has engendered serious structural problems for the U.S. economy reducing potential real GDP, with cascading effects on employment, income distribution, and national savings while inducing higher levels of dependency on government for basic needs like food, clothing, and shelter. The structural damage done by too much immigration, too much debt, too many imports, too many laws, rules & regulations, and not enough quality education over the past 35-40 years has finally been revealed in the below potential performance of the U.S. economy. The empirical evidence is clear; the underlying U.S. economy is getting weaker not stronger.
Frank Roche takes several important issues facing America; gives you the data, graphs, and curves; pulls no punches; and lays out the problems in an easy manner to follow . Frank takes the heady stuff and explains the why. The writing style is friendly and conversational – which was totally unexpected. This is a good book and a great read for all of us who want the facts.
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