How to Stop the World: How Over-Regulation, Over-Taxation and Crony Capitalism are Preventing the Growth of the American Economy

Since the 2008 recession the American economy has grown at a rate of less than 2% per year. This is far less than the growth rate after any other recession since World War II. Why is this happening? We are over-taxing, over-regulating and allowing crony capitalism to get in the way. This book explores the infrastructure and system of laws that are necessary for a successful modern economy. It takes a look at the status of each of those items in the U.S. It considers how well we are maintaining and growing our infrastructure, and then delves into the real problems. Our corporate tax rate is one of the highest in the world, we have a runaway regulatory system that continues to add hundreds of extremely costly new regulations each year, and we allow certain big businesses to have unprecedented influence on our politicians. Taken together these are having a massive negative impact on the success of our economy. This book is a quick and easy read because of its extensive use of examples and stories. Yet it makes a powerful case that some relatively simple changes could have a profound impact on the health of our economy and the well-being of every citizen.