Comeback America: Turning the Country Around and Restoring Fiscal Responsibility

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He's one of America's most capable, canny, candid, and self-employed financial specialists. Now David M. Walker seems a call to action. Return America is a tough-minded, impressive, uplifting guide to help us avoid the approaching monetary abyss and put the country back on the right track again.

As comptroller general of the United States and mind of the Government Accountability Office (GAO)—"the nation's top auditor"—Walker warned Congress and the administration as the federal surplus became a huge deficit under George W. Bush. As leader and CEO of the Peter G. Peterson Base, he now works full-time to raise public awareness regarding mounting debt burdens being imposed on future decades. Return America is his important manifesto, a means for Chief executive Obama to end out-of-control federal spending and reform our duty, retirement, healthcare, protection, and other systems—before it's too past due.

Walker thinks that by 2030, absent significant reforms to current federal programs and policies, federal taxes could twin from current levels, indicating less money and poorer education for kids—that will hurt young families along with this nation's economic power and position on the planet. If our foreign creditors—such as China—decide to buy fewer in our Treasury bonds, interest rates will climb and autos and homes will become less affordable.

But it generally does not have to be like that. Return America shows how we can return to our founding rules of fiscal responsibility and stewardship for future decades. The publication includes bold ideas to control spending, save Community Security, drastically alter Medicare, and simplify the duty code—all taking into account the Obama Administration's current work, which receive never-before-published assessments both complimentary and critical.

    Nonpartisan, nonideological, and filled up with a love of the country its esteemed author has spent his life providing, Return America is a publication for anyone interested in America's monetary future—quite simply, a publication everyone should read.


Category: Economic Policy

Details

Publisher

Random House Audio

Language

English

ISBN

DATE

2009-12

Author

David M. Walker

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