Spencer P Morrison clearly explains how America's corrupt politicians, the mainstream media, and the globalist elites destroyed the economy--they sold out America's working, and middle class by signing bad trade deals with countries like China and Mexico.First, he shows us the damage by presenting nothing but hard facts and data (presented in over a dozen full-color graphs). He shows how America's economic growth is slowing, income inequality is increasing, wages are stagnating, unemployment is increasing, industries are declining, and the national debt is ballooning.Next, he outlines how America's economic problems are caused by global "free trade"-- which has led to the offshore outsourcing of America's most advanced, and lucrative industries and jobs, and created a giant trade deficit.He then debunks comparative advantage, and global free trade, exposing it for the radical neoliberal theory it is. He then shows how historically wealthy states like Flanders, the Netherlands, Great Britain, Venice, Prussia (Germany) and China got rich--through economic nationalism (protectionism and mercantilism) and technological development.Finally, he draws upon this history to explain how economic growth really works. He then details how America can draw upon these lessons to fix its broken economy.Spencer P Morrison's argument is grounded in raw, primary data, historical fact, and a zealous application of formal logic. It is comprehensive, exhaustive, and uniquely informative. America Betrayed will change your view of economics forever.
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.