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"It's for the Kids": A Century of Great Political Lies and Betrayal of Trust

by G. Peter Trygstad

230 pages; quality trade paperback (softcover); catalogue #04-1056; ISBN 1-4120-3229-6; US$22.00, C$25.30, EUR18.07, £12.65

Congressional symbionts force wages above market, fiat money sustains employment, trade is unbalanced, and foreigners eschew our products and purchase our businesses. Then the Congress has a hissy fit. Hello!

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About the Book

About the Author

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About the Book

This is a treatise about the tolerated destruction of our natural economy by a Congress that will do anything to sustain a Congressional career. The House represents a vast number of political lobbies that seek to inhibit their competition in private enterprise. So too does the Senate. Lobbies fund incumbent reelection campaigns. But curtailing competitive enterprise creates immense economic problems. Their creators in the Congress not only blame private enterprise for their origin, they pretend that they can solve them.

How many know that an economy cannot overheat? How many know that progressive taxes on earned income are shifted to consumers by supply and demand? How many know that employers make no real contribution to social security? How many know that monopolies require political support? How many know that labor unions made wage gaps, minimum wages, and unemployment inevitable by hogging unearned shares of the aggregate wage? How many know that recessions and depression arise from political interference with the natural distribution of wages?

The role of politics in creating the twentieth century economic disasters is revealed. Clear and compelling economic explanations tell how it happened. Political motives reveal why it happened. The assertions are not taken from economic texts. They cannot be found there.

The betrayal of trust by the United States Congress reflects a global conflict between socialists who would pull down others to raise themselves in a political tyranny, and men of integrity who must pull up others to raise themselves in free enterprise. Free enterprise is unarmed.

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About the Author

The author is an electrical engineer, licensed as a Professional Engineer in the State of Washington. He worked for at the Naval Undersea Warfare Center in Keyport, WA for three decades. He has authored many texts and papers in his career. So what prepares an engineer to write about economics? Cause and effect. It is the foundation of engineering. It is also of economics. Economic disasters can be thought of as the aggregate effect of the political poisoning of a superb natural economic process. The cause can be found in corrupt legislation. Politicians wield the guns of authority. Free enterprise is unarmed. And all economic disasters have their origin in politics. That was the realization. This manuscript is the result.

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Excerpts

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Catalogue Information

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