Represents the annual report of the President's Council of Economic Advisers. Appendix B contains historical tables (from 1959 or earlier) on aspects of income (national, personal, and corporate), production, prices, employment, investment, taxes and transfers, and money and finance.

We have experienced a shift in American character: we've become a nation of moochers. Increasingly dependent on the efforts of others over our own, Americans are free to freeload. From the corporate bailouts on Wall Street to the alarming increases in personal default and dependency, from questionable tax exemptions to enormous pension, healthcare, and other entitlement costs, the new moocher culture cuts across lines of class, race, and private and...

Presents an analysis of the United States government, arguing that the nature of politics is the cause of the crisis of the modern welfare state, and offers solutions that people across the country are discovering.

"David Dayen explains how a narrow interpretation of the Sherman Act four decades ago spawned an age of unprecedented deregulation and corporate dominance... Dayen offers a riveting account of what it means to live in this period--and how we might resist this corporate hegemony."--Dust jacket flap.