A Faltering American Dream.
A Faltering American Dream
Robert W. Merriam
1663 Liberty Drive, Bloomington, IN 47403-5161
9781480821170, $28.95, HC, 121pp, www.amazon.com
Synopsis: In "A Faltering American Dream: Excessive Accumulation of Money and Power Through the Federal Elections Market", economic researcher, scientist and academician, Robert W. Merriam provides the reader with a somewhat iconoclastic analysis of the current United States' decline in government capabilities and solvency compared to other advanced nations of the world. "A Faltering American Dream" documents infrastructure deterioration, high national debt and poverty, scarcity of good jobs, and decreases in affordable higher education. The origin of these problems is in Washington where the harsh, uncompromising clash of political ideologies has resulted in a functionally disabled Congress.
"A Faltering American Dream" presents a wide range of information to arrive at a unique perspective on the policy differences so bitterly contended in Congress: the size, functions, and business regulations of the federal government, and its tax support of traditional services. This erudite study also directly compares economic and employment results of contending party policies, since World War II when each party held the presidency. Dr. Merriam demonstrates that government spending per person since the 1980's is increasing faster than inflation, population, and GDP growth. These increases have occurred through administrations of both parties and show little or no effect of ideological differences. Dr. Merriam seeks answers for why is this happening.
With the publication of "A Faltering American Dream", Dr. Merriam clarifies how and why such changes are happening to America's economy and former world prominence. At the root of most of these problems, he identifies a fatal flaw in our governance structure, unanticipated by the framers of the constitution. "A Faltering American Dream" concludes with an urgent call for a practical correction of this defect and a plea for the campaign rhetoric of the 2016 political candidates to express clearly the reasons why they advocate their policy positions on important economic issues.
Critique: Impressively well written, reasoned, organized and presented, "A Faltering American Dream: Excessive Accumulation of Money and Power Through the Federal Elections Market" is as informed and informative as it is thoughtful and thought-provoking. Enhanced with the inclusion of five key graphs, and on table, "A Faltering American Dream" is unreservedly recommended for community, college, and university library Contemporary American Political Science reference collections and supplemental studies reading lists. It should be noted for students and non-specialist general readers with an interest in the subject that "A Faltering American Dream" is also available in a paperback edition (9781480821187, $11.99) and in a Kindle format ($3.99).