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35 of 40 people found the following review helpful
5.0 out of 5 stars One of the Most Important Books of 2012, October 29, 2012
This review is from: Who's the Fairest of Them All? The Truth about Opportunity, Taxes, and Wealth in America (Hardcover)
All around us are examples of state governments and individual localities in America going broke, and being unable to pay off their debts. Yet our federal government continues to run up its bills and ratchet up its level of borrowing. The net product of our government's duplicity, chicanery, and money printing will be a citizenry without a sustainable future. We will, eventually, bring the third world to our shores. We are all on the hook about 50 grand for the debts our politicians have taken out in our name, and all we have is bankruptcy to show for it. Enter Stephen Moore, one of the brightest stars in the field of economics, and a guy that President Obama completely ignored when he said that economists on both sides agree with his policies. That's a complete joke, and Mr. Obama would be wise to make a phonecall to Thomas Sowell before making such a risible statement. But Moore as well has been a consistent, ingenious, and well-spoken critic of statism over the years and his television appearances--along with this text and another Encounter Books publication---illustrates that he is a man who understands perfectly the current dysfunction that is the state's relationship with our finances. This book is in keeping with the one he wrote in 2010 with Art Laffer in terms of its indict of pseudo-Keynesian over-spending in bad times and then our present over-spending and money borrowing in good times. When will we balance our budget? Never, unless the left is removed from power. Who's the Fairest of Them All? is brief but the perfect criticism of a dissolute age. It's a mere 120 or so pages but Moore's analysis is devoid of fluff. His chapters reveal what REAL fairness is and that forced equality can lead to total poverty. I agree with him about the flat tax and probably enjoyed Chapter 4 the most as it reveals which citizens are the ones that really pay the taxes in America. I certainly hope that he's wrong about a 76% tax rate being in our nation's future though, but after a few decades of tax, borrow, and spend the federocracy will have no one left to steal from...except us.
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Showing 1-1 of 1 posts in this discussion
Initial post: Oct 29, 2012 6:08:01 AM PDT
I did a video on this, and I'll edit this review and add more specifics tomorrow
http://www.youtube.com/watch?v=P5L3q4Pko7Y
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Location: CHICAGO! USA

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