The Sixteen-Trillion-Dollar Mistake

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The Sixteen-Trillion-Dollar Mistake is written by Bruce S. Jansson and published by Columbia University Press. It's available with International Standard Book Number or ISBN identification 0231505264 (ISBN 10) and 9780231505260 (ISBN 13).

Choices about budget priorities are arguably the most important made by the federal government, profoundly affecting the well-being of citizens. Bruce Jansson documents how presidents from FDR to Clinton have made ill-advised choices that wasted trillions of dollars. Going beyond charges of corruption or bureaucratic waste, the book is an eye-opening exposé revealing innumerable useless projects (military as well as civilian), unnecessary tax concessions, and the use of interest payments to cover deficit spending, among other costly mistakes. Using Office of Management and Budget projections through 2004, Jansson shows how the madness continues—and how an informed electorate can put an end to it.