Neo-Conomy a new book by Daniel Altman 07/21/2004

[whistle]

<snip>

In a new book, "Neoconomy: George Bush's Revolutionary Gamble with America's Future," Daniel Altman, a former economics reporter for the Times and The Economist, describes what such a system might look like. "The fortunate and growing minority who managed to receive all their income from stocks, bonds and other securities would pay nothing -- not a dime -- for America's cancer research, its international diplomacy, its military deterrent, the maintenance of the interstate highway system, the space program or almost anything else the federal government did. ... Broadly speaking, that fortunate minority would be free-riders."

That is President Bush's goal and agenda for the next four years. Does that sound good to you?

<if yes, read on>

For the first time ever, an incisive explanation of what George W. Bush is doing to the economy, by a young Harvard-educated economist and New York Times columnist.

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.

<excerpt>

The special thing about this revolution, of course, was that it would not be a case of the people rising up against tyrannical rulers. Instead, the rulers would be bringing the revolution on the people. They still needed to persuade the public of their ideas, at least to the degree that Congress cared about public opinion. But there was no doubt: Good times or not, the revolution was coming.

<link> http://www.publicaffairsbooks.com/publicaffairsbooks-cgi-bin/display?book=1586482297&view=excerpt

DUers, I have not read this book yet, but if anyone has, please post your evaluations, thoughts and recommendations

[dumpster_baby]

1. great find. Really important stuff

[whistle]

2. Oh, ho! Thank you for that link, it is going out to all of my rich and....

...not so rich friends. Tomorrow, I shall see who my real friends are.