Comeback America
Sub-Title:
Turning the Country Around and Restoring Fiscal ResponsibilityAuthor:
David WalkerPublisher:
Random House of Canada, LimitedPublication Date:
01-12-2010ISBN:
9781400068609Pages:
240Subjects:
2009-Economic Conditions
Financial Crises
Fiscal Policy
United States
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Available as:
Hardback, 9781400068609 Downloadable audio file, 9780307713995 Electronic book text, 9781588369765 Paperback, 9780812980721
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Description:
Hes one of Americas most capable, canny, candid, and independent financial experts. Now David M. Walker sounds a call to action. Comeback America is a tough-minded, innovative, inspiring guide to help us avoid the approaching economic abyss and put the country back on track again.
As comptroller general of the United States and head of the Government Accountability Office (GAO)&—"the nations top auditor"&—Walker warned Congress and the administration as the federal surplus became a giant deficit under George W. Bush. As president and CEO of the Peter G. Peterson Foundation, he now works full-time to raise public awareness regarding mounting debt burdens being imposed on future generations. Comeback America is his crucial manifesto, a way for President Obama to end out-of-control government spending and reform our tax, retirement, health care, defense, and other systems&—before its too late.
Walker believes that by 2030, absent significant reforms to current government programs and policies, federal taxes could double from current levels, meaning less money and poorer education for kids&—which will hurt families along with our nations economic strength and position in the world. If our foreign creditors&—such as China&—decide to buy fewer of our Treasury bonds, interest rates will rise and cars and homes will become less affordable.
But it doesnt have to be that way. Comeback America shows how we can return to our founding principles of fiscal responsibility and stewardship for future generations. The book includes bold ideas to control spending, save Social Security, dramatically alter Medicare, and simplify the tax code&—all taking into account the Obama Administrations current efforts, which receive never-before-published assessments both complimentary and critical.
Nonpartisan, nonideological, and filled with a love of the country its esteemed author has spent his life serving, Comeback America is a book for anyone interested in Americas economic future&—in other words, a book everyone should read.
As comptroller general of the United States and head of the Government Accountability Office (GAO)&—"the nations top auditor"&—Walker warned Congress and the administration as the federal surplus became a giant deficit under George W. Bush. As president and CEO of the Peter G. Peterson Foundation, he now works full-time to raise public awareness regarding mounting debt burdens being imposed on future generations. Comeback America is his crucial manifesto, a way for President Obama to end out-of-control government spending and reform our tax, retirement, health care, defense, and other systems&—before its too late.
Walker believes that by 2030, absent significant reforms to current government programs and policies, federal taxes could double from current levels, meaning less money and poorer education for kids&—which will hurt families along with our nations economic strength and position in the world. If our foreign creditors&—such as China&—decide to buy fewer of our Treasury bonds, interest rates will rise and cars and homes will become less affordable.
But it doesnt have to be that way. Comeback America shows how we can return to our founding principles of fiscal responsibility and stewardship for future generations. The book includes bold ideas to control spending, save Social Security, dramatically alter Medicare, and simplify the tax code&—all taking into account the Obama Administrations current efforts, which receive never-before-published assessments both complimentary and critical.
Nonpartisan, nonideological, and filled with a love of the country its esteemed author has spent his life serving, Comeback America is a book for anyone interested in Americas economic future&—in other words, a book everyone should read.
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