Word: perotism
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...country is on the wrong track. They know that SOMETHING JUST DOESN'T FEEL RIGHT but they don't know how to describe it or, more importantly, how to stop it." The book's pox-on-both-parties populism evokes the quixotic campaigns of Texas billionaire H. Ross Perot, but with an eerie sound track...
...That demand for U.S. debt kept interest rates low. By the early 1990s, though, the national debt - the accumulated product of those years of deficits - approached 50% of GDP, and bond investors abroad and at home seemed to shy away from Treasuries, driving interest rates up. Also, billionaire Ross Perot spent a good part of his fortune making deficits into a political issue. In response, Washington focused for a few years on getting rid of the shortfall. With a lot of help from the late-1990s tech boom, it succeeded. As already noted, this deficit-fighting consensus disintegrated...
...considered his coarse impertinence; in American terms, these might have been debates between George Bush the Elder and Newt Gingrich, a gentlemanly establishmentarian against a rude populist brawler. Ahmadinejad was a slick combination of facts and accusations. He spoke directly into the camera. He deployed little charts, as Ross Perot did in the 1990s, to show that things weren't as bad as people thought. His statistics were heavily massaged and challenged by his opponents, but he had muddied his greatest vulnerability - the stagflating Iranian economy. The real jaw dropper, however, was Ahmadinejad's willingness to attack in the most...
...that the pact has been a disappointment on other fronts. The bloc has been seen by some as a symbol of insidious globalization, cordially invited into the U.S. only to eat away at the domestic job market. In 1992, before the treaty was ratified, independent U.S. Presidential candidate Ross Perot famously warned voters to prepare for the "giant sucking sound" of jobs moving across the border to Mexico, where NAFTA would enable companies to take advantage of cheap labor. Mexico's average hourly manufacturing wage is still only about 13 percent of that of the U.S., but even with that...
...endearing if egotistical, and Poundstone captures the intriguing dynamics that characterize both their personal lives and their work.On the other hand, Poundstone’s politicos, with notable exceptions, tend toward corruption and megalomania. He spends ample time discussing the stranger-than-fiction behaviors of Nader and Ross Perot, and also sheds light upon more obscure third-party candidates. Perhaps most memorable are Kinky Friedman, a Jewish country singer who made a run for Texas governor in 2006, and Ilona Staller, an Italian porn star who was elected to Italy’s Parliament in 1987.The author further enlivens...