If you ant to understand why manufacturing is no longer a concern in Washington D.C. this is a book you should read.
And the future doesn't look any brighter after reading this book.
It's a great book on the subject of American foreign & domestic policy and finance.
He should be congatulated for more or less predicting the debt crisis of 2008, this was published in April, 2008, based on the statistics he uses here, most of the book was written before September, 2007. However, he is so over the top in his language, it tends to make me say "So what?".
This is a quite detailed and scholarly book, but events have passed it by in that we are interested in the attempts to cure the hard times that broke out at the end of the Bush2 administration. It does cover early 2009, though.