Book review: Jack Rasmus, Obama's Economy: Recovery for the Few (Pluto Press, London, UK 2012) 216 pp

John Hall
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John Hall: Portland State University, USA

Review of Keynesian Economics, 2014, vol. 2, issue 3, 400-402

Abstract: Author Jack Rasmus tends to orient his research towards challenges facing the US economy. And in this recent title he carefully and skillfully delves into exploring what he regards as failures of the Obama administration's policies, which can be justly summarized as 'too little and too late.' However, he stresses that the tepid recovery that began in 2009 did indeed generate one notable outcome, namely that the highest income earners in the United States increased their shares in national income, while the population at large suffered declines.

Date: 2014
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