"Debacle will end the claims of Paul Krugman and his ilk that poor, put–upon Obama did the best anyone could do with a recession he inherited. To the contrary, Lott and Norquist convincingly demonstrate that Obama took specific actions that made the recession much worse. A lot of Democrats got wealthy under Obama, but Obama′s Democrats–get–rich–quick policies destroyed millions of jobs and left Americans with a massive debt hangover. Every American with a bank account should read this book."
Ann Coulter, best–selling author and syndicated columnist
"Lott and Norquist have penned a persuasive indictment of President Obama′s economic record.¿ Jammed with facts and built on a mountain of carefully catalogued evidence, this is a potent resource for anyone who wants to help replace Mr. Obama in the Oval Office."
Karl Rove, former Deputy Chief of Staff and Senior Advisor to President George W. Bush
"This is the book that everyone concerned about the future of America must read. Norquist and Lott serve up a depressing but sobering picture of today′s economy along with a roadmap of solutions to move the country forward."
Haley Barbour, former Governor of Mississippi
"President Obama′s economic policy has been catastrophic for liberty, enterprise, and the American dream the very archetype of what not to do to end recession. Debacle documents how this happened and why, with outstanding research, facts, and clear thinking. Reading this book is like digging through the rubble of a man–made disaster: It is painful but necessary for going forward to restore prosperity and opportunity."
Jeffrey Tucker, executive editor, Laissez–Faire Books
Introduction The Players 1
Chapter 1 The Financial Crisis 7
Chapter 2 The Worst Recovery on Record 23
Chapter 3 The Stimulus Made Things Worse 35
Chapter 4 Would the Economy Have Been in Worse Shape without the Stimulus? 85
Chapter 5 Regulatory Thuggery 121
Chapter 6 We Have Seen What Happened under Obama. So Now What Do We Do? 159
Conclusion Obama s Legacy 201
Appendix Looking at the Fifty States 211
About the Authors 217