Jonathan Chait

the true story of how Washington got hoodwinked and hijacked by crackpot economics

The big con

An unassailable case that, in the eyes of history, Barack Obama will be viewed as one of America’s best and most accomplished presidents. Over the course of eight years, Barack Obama has amassed an array of outstanding achievements. His administration saved the American economy from collapse, expanded health insurance to millions who previously could not afford it, negotiated an historic nuclear deal with Iran, helped craft a groundbreaking international climate accord, reined in Wall Street and crafted a new vision of racial progress. He has done all of this despite a left that frequently disdained him as a sellout, and a hysterical right that did everything possible to destroy his agenda even when they agreed with what he was doing. Now, as the page turns to our next Commander in Chief, Jonathan Chait, acclaimed as one of the most incisive and meticulous political commentators in America, digs deep into Obama’s record on major policy fronts—economics, the environment, domestic reform, health care, race, foreign policy, and civil rights—to demonstrate why history will judge our forty-fourth president as among the greatest in history. Audacity does not shy away from Obama’s failures, most notably in foreign policy. Yet Chait convincingly shows that President Obama has accomplished what candidate Obama said he would, despite overwhelming opposition—and that the hopes of those who voted for him have not been dashed despite the smokescreen of extremist propaganda and the limits of short-term perspective.

How Barack Obama Defied His Critics and Created a Legacy That Will Prevail

Audacity

A nationally syndicated columnist furnishes an eye-opening exposé that reveals how a small cadre of economic hucksters, obsessed with radical ideas that benefit no one but themselves and their business interests, have seized control of the American political system to dictate the nation's policies and American agenda. Reprint.

The True Story of How Washington Got Hoodwinked and Hijacked by Crackpot Economics

The Big Con

The scam of supply-side economics is clearly and convincingly explained in “a classic of political journalism” (Michael Lewis). Jonathan Chait has written for a range of publications, from the Wall Street Journal to the Washington Post, and considers himself a moderate. But he’s convinced that American politics has been hijacked. Over the past three decades, a fringe group of economic hucksters has corrupted and perverted our nation’s policies, Chait argues, revealing in The Big Con how these canny zealots first took over the Republican Party, and then gamed the political system and the media so that once-unthinkable policies—without a shred of academic, expert, or even popular support—now drive the political agenda, regardless of which party is in power. The principle is supposedly “small government”—but as he demonstrates, the government is no smaller than it was in the days of Ronald Reagan; it’s simply more debt-ridden and beholden to wealthy elites. Why have these ideas succeeded in Washington even as the majority of the country recognizes them for the nonsense they are? How did a clique of extremists gain control of American economic policy and sell short the country’s future? And why do their outlandish ideas still determine policy despite repeated electoral setbacks? Explaining just how things work in Washington, DC, and distinguishing between short-term volatility in the “political weather” and the long-term, radical shift in the “political climate,” Chait presents a riveting drama of greed and deceit that should be read by every concerned citizen. “Chait is both very serious and seriously funny as he traces the rise of conservatism over the past thirty years.” —Michael Kinsley

Jonathan Chait

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