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Author Wallace Hoffman’s New Book ‘Economics 101 for Senators and Representatives’ is an Examination of the Ways in Which the National Debt Grew Under Obama’s Presidency

Harry Johal

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Author Wallace Hoffman’s New Book ‘Economics 101 for Senators and Representatives’ is an Examination of the Ways in Which the National Debt Grew Under Obama’s Presidency


Recent release “Economics 101 for Senators and Representatives: President Obama’s Legacy of Deficit Spending and National Debt” from Covenant Books author Wallace Hoffman discusses the ways in which policies and laws passed during the Obama administration’s time in office led to a growing national debt, affecting the average American’s wallet and daily lives.

Press Release


Sep 29, 2022

Wallace Hoffman, who earned a PhD degree from Ole Miss, served twenty-five years with the U.S. Air Force, and had a decades-long teaching career, has completed his new book, “Economics 101 for Senators and Representatives: President Obama’s Legacy of Deficit Spending and National Debt”: a thorough analysis of the ways in which the national debt and spending grew as the result of policy changes while President Obama was in office.

“The mission of this book is to inform all American citizens how their senators and representatives vote in Washington. Do your senators and your representative fulfill the responsibilities of government in the Constitution and vote in your favor? If that is true, they are your friends. Or do your senators and your representative violate the Constitution and vote against your best interest? If that is true, they are your enemies. If you vote for and reelect your enemies, they will be your enemies the next two or six years,” writes Hoffman. “President Obama’s legacy of deficit spending is characterized by average deficit spending of more than a trillion dollars annually. During those eight years, every American household went to bed each evening fifty dollars deeper in debt, regardless of how hard they worked or whether they spent any money. The national debt more than doubled during President Obama’s eight years in office. Each person’s share of debt increased from $30,000 to $70,000.”

Published by Covenant Books of Murrells Inlet, South Carolina, Wallace Hoffman’s new book is an eye-opening look at American economics and how it can be easily influenced by the will and biases of the politicians the American people elect to represent them.

Readers can purchase “Economics 101 for Senators and Representatives: President Obama’s Legacy of Deficit Spending and National Debt” at bookstores everywhere, or online at the Apple iTunes store, Amazon, or Barnes & Noble.

Covenant books is an international Christian owned and operated publishing house based in Murrells Inlet, South Carolina. Covenant Books specializes in all genres of work which appeal to the Christian market. For additional information or media inquiries, contact Covenant Books at 843-507-8373.   

Source: Covenant Books



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Editor's Choice

Alia Bhatt Opens Up on Alpha: ‘I Had Such a Good Time’

H Johal

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Studio CarryOnHarry Entertainment Desk | 24 June 2026

With just weeks to go before director Shiv Rawail’s big-screen spectacle Alpha hits cinemas worldwide on July 3, leading lady Alia Bhatt is making no secret of just how much the film means to her — and why she believes it’s a genuine game-changer for Indian cinema.

The actress, who stars alongside Sharvari in the Aditya Chopra production, has called Alpha one of the most rewarding creative experiences of her career to date. For Alia, the thrill wasn’t just in the scale of the project — it was deeply personal.

At the core of her excitement is something refreshingly simple: two women commanding a full-throttle action blockbuster. Alia has been vocal about how rarely female leads get to own a narrative of this magnitude, and she embraced every second of it.

She described the on-set atmosphere as electric, crediting director Rawail, the action team, and the entire crew for building an environment where creativity and enthusiasm fed off each other daily. By her account, showing up to set each morning felt less like work and more like an event.

For Alia, Alpha isn’t merely another addition to her filmography — she’s framed it as a celebration, both of bold female energy and of the sheer joy of big-screen cinema at its most ambitious.

With Sharvari alongside her and Aditya Chopra’s production muscle behind them, expectations are sky-high. If Alia’s infectious enthusiasm is anything to go by, Alpha could well be the defining action film of the summer.

Alpha releases globally on July 3.

– Entertainment Desk, Studio Carry On Harry

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Editor's Choice

Welcome to the Jungle Day 1 Box Office: Akshay Kumar Film Eyes Rs 12 Crore Opening

H Johal

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Studio CarryOnHarry Entertainment Desk | 25 June 2026

Welcome to the Jungle Day 1 Box Office Prediction: Can Akshay Kumar’s Comedy Blockbuster Cross Rs 12 Crore?

The anticipation around Akshay Kumar’s latest comedy outing, Welcome to the Jungle, is reaching fever pitch as the release date draws near. Early indicators from advance booking data point to a robust opening day haul — and the numbers are looking very promising indeed.

Advance Booking Numbers Signal Strong Start

According to data from top national cinema chains, the film has already sold approximately 15,000 tickets in advance — a figure that bodes well for its commercial debut. Industry trackers are currently projecting a Day 1 collection in the range of Rs 10 crore to Rs 12 crore, which would mark one of Akshay Kumar’s stronger recent openings.

If those projections hold, Welcome to the Jungle stands to outperform Kumar’s previous comedy outing Bhooth Bangla on its very first day at the box office — a significant milestone for the franchise revival.

A Massive Ensemble Cast Fuels the Buzz

One of the film’s biggest draws is its extraordinary lineup of talent. Headlined by Akshay Kumar alongside veterans Suniel Shetty and Paresh Rawal, the multi-starrer brings together one of Hindi cinema’s most entertaining casts in recent memory.

Why the Cast Matters at the Box Office

  • A sprawling ensemble broadens the film’s demographic appeal
  • Franchise familiarity creates a built-in audience base
  • Multiple stars drive separate fan bases to the multiplex
  • Comedy as a genre consistently performs well during holiday windows

For the very latest on Bollywood’s top stories, including box office updates and exclusive film coverage, Studio Carry On Harry has you covered around the clock.

Open Release Window Adds to the Advantage

With no major competing Hindi release crowding the same weekend, Welcome to the Jungle enjoys a clear runway at multiplexes across the country. This open playing field significantly increases the likelihood of strong footfall through its crucial opening weekend.

Analysts tracking entertainment industry coverage note that an uncontested release date can add anywhere between 15 to 25 percent to a film’s opening weekend gross — a factor the makers would have strategically planned for.

Word-of-Mouth: The Final Decider

Despite the optimistic projections, trade observers are quick to point out that sustained box office performance will ultimately depend on audience reception post-release. Positive word-of-mouth after the first-day screenings could propel the film well beyond its initial estimates.

With the comedy genre hungry for a crowd-pleasing blockbuster, Welcome to the Jungle appears well-positioned to deliver exactly that — provided the laughs land as intended on the big screen.

– Entertainment Desk, Studio Carry On Harry

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