C. Michael Aho

Summary of current US economic dilemmas, sets out a panoramic economic 'agenda' for Reagan's successor. Analyzes the strengths and weaknesses of Reagan's policies, and lists measures needed to improve the US economy at home, and in relation to its major competitors. Covers policy towards international economic institutions, Europe, trade laws and taxes at home. Notes that "significant cuts are possible only in the two largest budget categories, entitlements and defense", and concludes that there is a need for 'much closer cooperation between the executive branch and Congress'.