Rich Is Not a Four-Letter Word

Book excerpt: In a fiery polemic on our personal finances, Gerri Willis, anchor and personal finance correspondent for Fox Business News, reveals how liberal policy has decimated our wallets. In Rich Is Not a Four-Letter Word, veteran financial journalist and pundit Gerri Willis takes on the progressive mind-set championed by liberals that gives government bureaucrats the right to decide what's best for us, resulting in bigger government programs, more bureaucracy, and more wasted taxpayer money. She dissects Obamacare and Democratic tax initiatives to show how they have hamstrung the average American. Then she shows us how to overcome these left wing financial hurdles and grow our nest eggs, despite the political pickpocketing from Washington. Among the topics she tackles in the book: · How the progressive agenda has robbed Americans of their financial freedom (a new Blackrock survey shows that 4 out of 10 Americans haven't even started saving for retirement)--and how to get it back; · How the wide-open spigot of college loan dollars has encouraged college administrators to boost tuition each and every year--and how we can successfully navigate the system; · How, with a stroke of President Obama's pen, company-sponsored health-care coverage was put on deathwatch, as companies have begun to abandon employee health-care coverage and opt to pay a less expensive federal penalty; · Why the knee-jerk progressive response to the 2008 market crash and subsequent recession has acted as an albatross on the shoulders of American corporations, keeping corporate tax rates at sky high levels among Western nations--and what we can do to create jobs and jumpstart the economy.