New book “The Bankruptcy of Uncle Sam: Zeroing in on Bipartisan Fiscal Failure” by Phillip D. Meyers is published, a revealing insight into the US government’s longstanding financial disaster
“Uncle Sam’s Bankruptcy: Zero on Bipartisan Fiscal Failure” by Phillip D. Meyers has been published worldwide. This 402-page nonfiction delves deep into the dire state of US federal finances, and the policies and congressional irresponsibility that have allowed problems to spiral out of control. Providing analysis on a wide range of contributing factors, Meyers lays out the looming threat of federal spending deficits, where that money is going, and the lack of accountability on both sides of the aisle.
Uncle Sam’s Bankruptcy: Focusing on Bipartisan Fiscal Failure (ISBN: 9798985673388) can be purchased from retailers worldwide, including barnesandnoble.com and Amazon. The paperback sells for $17.99. Bulk orders are available through Ingram.
From the back cover:
A dangerous game is being played when politicians rely on providing their constituents with economic windfalls disguised as spending to buy votes. Stimulating the Nation’s economy by weakening the financial foundations of democracy defies prudent economic policy.
Federal spending deficits for fiscal years 2019, 2020 and 2021 exceed $6.9 trillion. Congress has already approved spending beyond the $3.1 trillion revenue collection for the fiscal year ending in 2022, with the likelihood of adding another $2 trillion for the unfunded infrastructure plan . There is no need to wonder what will happen when the proverbial “power” filled with broken promises, overspending and fiscal irresponsibility can no longer be given to future generations of Americans. This book reveals the truth – the box cannot be pushed much further as the seams are torn apart from overfilling the now motionless ship with nearly $30 trillion in Treasury IOUs.
Readers will understand how Congress disappointed most citizens by enacting reckless tax policies. A journey through the pages provides significant knowledge and historical insight regarding:
• The spending deficit, the federal debt and the precarious financial situation of the Nation
• Understand where 100% of federal revenue comes from
• Federal expenditures and budget totals for major federal agencies
The book presents the relevant facts needed to assess the fair share movement, debt-to-GDP measures, congressional action and inaction, federal employee compensation and personnel policies, fiscal oversight , federal payment irregularities and existing unfunded federal program liabilities.
Learning that neither the Congressional Budget Office nor the White House Budget Office is addressing the need for federal revenue and spending accountability shows that few people in Washington would pass scrutiny on how taxpayers’ money is spent. The certainty of the collapse of our nation’s financial foundation requires no Nostradamus prophecy to understand the need to quickly reverse federal overspending before it is too late.
About the Author:
Mr. Meyers is a CPA who has specialized in tax, private company finance and litigation support services. During his career, he served as co-founder, CEO, and president of a large multi-unit/multi-state service organization. After his retirement, Mr. Meyers devoted his time to investing and consulting with all development-stage businesses and maintains an active role in the management of commercial properties. His family resides in Paradise Valley, Arizona and San Diego, California.
About Manhattan Book Group:
Manhattan Book Group (“MBG”), located on Broadway in New York, is a registered trade name of Mindstir Media LLC. MBG is widely known as a leading hybrid book publisher. We’ve combined the best of traditional publishing with the best of standalone publishing to provide authors with the “best of both worlds” in a sense.
To learn more about MBG, visit https://www.manhattanbookgroup.com/
Company Name: Manhattan Book Group
Contact: Jen McNabney
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Town: new York
State: new York
The country: United States
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