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This is an economist-turn-businessman's view of what happened to America in his lifetime...that is between the Depressions of 1929 and 2007. The narrative starts with the ballooning Federal Debt. Then...it considers the competing economic development theories of John Maynard Keynes and Milton Friedman; and it ends with Modernized Marxism and the Presidency of Barack H. Obama Jr.. It is the story of the New Left and the Far Left in America. The critical pivot point in this narrative is the election of President Obama in 2008. He is a Radical Socialist whose election was, in effect, a ""Bloodless Coup"" by what is the Far Left of the Democratic Party. Senator Obama was a viable Presidential candidate of ""many gifts but precious few accomplishments"". BUT he was elected twice and has doggedly implemented his radical socialist agenda. The author contends that the U.S. is now in uncharted territory where the welfare of the average American is likely to become materially worse rather than better.
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Ralph J Massey was born in 1929 in Cleveland, Ohio, son of a police officer and grandson of a railroad brakeman and a coal miner. There he graduated magna cum laude/Phi Beta Kappa from Case-Western Reserve University; and then studied at the University of Chicago in the early-1950s when Milton Friedman emerged as a leading conservative economist. He was a Harry A Millis Fellow in Industrial Relations and a Research Associate in the Department of Economics. He left the University with a master's degree in Economics when the Industrial Relations Center was closed; and then he pursued a 36-year business career at Ford Motor, Kimberly-Clark, Johns-Manville and Chemical Bank...now a part of JPMorgan Chase. He was a founding member of the Nassau Institute and a consultant to the Hotel Employers Association of the Bahamas. He is the father of seven children and has been happily married for 57 years. ""What Happened to America?"" is his perspective on a century of profound turmoil - two Great Wars, two Great Depressions and periods of real prosperity - and what America did and did not do on the road to what may be a financial abyss.
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Book Description Austin Macauley, 2014. Condition: New. book. Seller Inventory # M1849637857
Book Description Austin Macauley, 2014. Paperback. Condition: New. Never used!. Seller Inventory # P111849637857