A provocative critique of the Obama administration's economic policies and an examination of America's difficult economic future During the 2008 presidential campaign, Barack Obama promised "a net spending cut" to make government smaller in order to reduce the deficit. But this huge increase in government spending and debt, and the resulting prospect of higher taxes, will make America a poorer country. Are Americans happier because the government has determined where this money should be spent? According to John Lott and Americans for Tax Reform President Grover Norquist, the answer is no, and in Debacle: Obama's War on Jobs and Growth and What We Can Do Now to Regain Our Future they explain why.

Avknowledgments Introduction The Players Chapter 1: The Financial Crisis Chapter 2: The Worst Recovery on Record Chapter 3: The Stimulus Made Things Worse Chapter 4: Would the Economy Have Been in Worse Shape without the Stimulus? Chapter 5: Regulatory Thuggery Chapter 6: We Have Seen What Happened under Obama. So Now What Do We Do? Conclusion Obama's Legacy Appendix: Looking at the Fifty States About the Authors Index