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Are economic thinking errors leading this country astray?Economic thinking errors and institutional poverty traps create social problems in the country. The low minimum wage does not support a most basic lifestyle and as a result, food stamps, free medical services and other social programs become necessary to cover the gap.Half of the Federal budget supports the poor and the elderly across the country. Americans, mostly the middle class, subsidize this insufficient minimum wage with their taxes and unknowingly and indirectly support the bottom line of companies that underpay their…mehr

Produktbeschreibung
Are economic thinking errors leading this country astray?Economic thinking errors and institutional poverty traps create social problems in the country. The low minimum wage does not support a most basic lifestyle and as a result, food stamps, free medical services and other social programs become necessary to cover the gap.Half of the Federal budget supports the poor and the elderly across the country. Americans, mostly the middle class, subsidize this insufficient minimum wage with their taxes and unknowingly and indirectly support the bottom line of companies that underpay their employees.Economic thinking errors are the source of our entitlement society. This complex situation is a structural problem.Democratic principles are distorted. The current political systems allows the wealthy and large corporations to covertly influence legislation and bend economic laws in their favor.Too many Americans are blinded by dreams of success and vote against their real interests and values. This is the American voting paradox, institutionally supported by Gerrymandering and voting restrictions that favor libertarian ideology.
Autorenporträt
Werner Neff holds a PhD in Political Science and a Master's Degree in Economics. Deeply passionate about Democracy, political science, and economics, Neff has researched and written several books on social economy and politics during the past 10 years. RESTORE OUR DEMOCRACY fulfills on his long-time dream of writing a book on the principles of Democracy, as his contribution to the future. Neff, a Swiss citizen, married to an American, has been living in the mountains of Colorado for over 10 years now. He loves the American people. It is his fondest wish that the history and democratic principles, as well as his conclusive call for action, will help strengthen our resolve to return to the fundamental values of Democracy.