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The neoconomy: a place without taxes, without a social safety net, where rich and poor live in different financial worlds and it's coming to America.The first glimpses of the neoconomy appeared during the Reagan administration, but were soon clouded by a legacy of skyhigh budget deficits. George H. W. Bush couldn't afford the neoconomy. In the Clinton years,its prospects all but disappeared in a flurry of economic finetuning that delivered recordsetting budget surpluses and rockbottom unemployment rates. But just when you might have counted it out, the neoconomy found a savior. George W.Bush was a businessman who understood the neoconomy almost instinctively, and had the will and boldness to make it a reality.In Neoconomy Daniel Altman explains the intellectual roots of the Bush administration's economic policy; and why Bush has been so intent on implementing it despite the dashed expectations, terror and financial scandals that have buffeted the economy. He shows why the neoconomists remain committed to their vision even though it has contributed to the biggest budget deficit in history, at the end of the nation's fastestever swing into the red. The neconomists are seeking to transform the American economy; but inadvertently or not, they are also transforming American society. The revolution is finally coming,and it's coming from above.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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