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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

Ajay Devgn’s ‘Chauhaan’: Action Blockbuster Set for Oct 2027

H Johal

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Studio CarryOnHarry Entertainment Desk | 25 June 2026

Ajay Devgn’s ‘Chauhaan’: The Action Blockbuster Set to Dominate October 2027

Bollywood’s action icon Ajay Devgn has officially announced his next big-screen spectacle — Chauhaan — a grand action entertainer that has already set the internet ablaze with its electrifying teaser. The announcement carries deep personal significance, unveiled on the birth anniversary of his late father and legendary stunt director, Veeru Devgan.

Chauhaan: A Tribute and a Thunderous Return

Devgn chose the occasion of his father’s birth anniversary to drop the official teaser for Chauhaan, a move widely seen as a heartfelt homage to the man who shaped Bollywood’s action landscape for decades. Veeru Devgan was one of Hindi cinema’s most celebrated stunt choreographers, and this announcement adds a deeply emotional layer to what promises to be a visceral, larger-than-life entertainer.

The film marks Ajay Devgn’s powerful return to the action genre — the territory where he first made his mark and continues to reign supreme. For fans tracking Bollywood’s top stories, this announcement is one of the most anticipated of the year.

Aanand L Rai at the Helm

What makes Chauhaan even more compelling is the creative force behind the camera. The film is a collaboration between Ajay Devgn and acclaimed filmmaker Aanand L Rai, a director known for crafting stories with emotional depth and mass appeal. This partnership between a powerhouse performer and a visionary director is generating enormous buzz across the entertainment industry coverage circuit.

Mark Your Calendars: October 1, 2027

Chauhaan is officially scheduled for a theatrical release on October 1, 2027 — a strategic date that has historically welcomed some of Bollywood’s biggest blockbusters.

Key Highlights at a Glance

  • Film Title: Chauhaan
  • Lead Actor: Ajay Devgn
  • Director/Producer: Aanand L Rai collaboration
  • Release Date: October 1, 2027 (Theatrical)
  • Announcement Date: Veeru Devgan’s birth anniversary, June 25, 2026
  • Genre: Action entertainer

Box Office Expectations Running High

With Ajay Devgn’s proven track record in the action genre and Aanand L Rai’s storytelling pedigree, Chauhaan is already shaping up as one of the most talked-about Bollywood projects on the horizon. The October 1 release window further signals the makers’ confidence in delivering a major cinematic event.

Stay tuned to Studio Carry On Harry for all the latest updates as this blockbuster journey unfolds.

– Entertainment Desk, Studio Carry On Harry

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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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