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The Escape Artists

3.6 of 5 stars 3.60  ·  rating details  ·  83 ratings  ·  13 reviews
Deeply sourced within Obama's economic team, Noam Scheiber is uniquely qualified to profile the squad of elite administration insiders who have set and managed the president's economic policies from before the start of his term in office, through the crisis, and into our current prolonged recovery. These are people we know—or think we know: Obama, Geithner, Summers, Orszag ...more
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Published February 28th 2012 by Tantor Media
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As the subtitle suggests, Scheiber offers a skeptic's take of Obama's first three years in office. He argues that while Obama may have prevented a second Great Depression, he made a series of preventable mistakes and political miscalculations that prevented the economy from truly recovering. Scheiber is too good of a reporter to offer a simple narrative of good guys and bad guys, but he provides a compelling portrait of a Democratic establishment divided by a financial crisis that their fundamen ...more
Jeff Raymond
While this book pegs itself as "how Obama's team fumbled the recovery," the book is primarily concerned with quick biographies of the economic team that was put together during and following Obama's election. Thus, the actual how takes a backseat to the who.

This is not to say that the who is unimportant, as there's a lot of detail in place as to how such an illustrious team was able to get so much so wrong. The book misses the mark in a way because it simply accepts the Obama team's arguments re
Jul 16, 2014 Linda rated it 3 of 5 stars
Recommended to Linda by: Ohio e-book project audio
Well researched book about the Obama economic team. After seeing Timothy Geitner on The Daily Show last night, I can better understand some of the disruptions within this segment of the administration.
I really appreciated the author's notation of the electorate unfortunately misunderstanding the juxtaposition of the release of TARP funds followed by a deepening recession. The two were not contingent on the other. In fact, TARP funds were too few to solve the problems which Obama inherited accord
Jeff Hauser
Excellent--lucid, well-informed, and gets at the failure of the Obama team to rethink their political or economic worldview in light of the collapse of any reason to believe that the post-1970 growth in financial sector was a good thing for America.

If anything, I wish the book were longer, but for what it covers... the degree of sophistication on politics and economics is unmatched among recent treatments of DC. And impressively up to date through late 2011 for a book published in February or so
Easy reading, paints informative and colorful picture of key Obama Administration economic aides struggling with the financial drama of the first term. Geithner, Summers, Romer, and lesser known experts come alive. I hurried to finish the book before the 2012 election because I feared it would become out of date. Lo and behold, the faces and the issues are still with us. I recommend the book to Washington junkies, students of politics and personalities, and those interested in economic policy.
E. Scott Harvey
Noam is a good writer and I appreciate the inside insights he reveals in this book. And yet, I fundementally disagree with Noam's overall economic philosphy. Once again it's not a matter of intelligence but worldview. Noam is a bright guy, no doubt about it. But we fundamentally see the world different and therefore come to very different conclusions as to what works economically. VIVA REAGAN!!
You'll learn something new on Obama's economic team on how they contributed and what they didn't contribute to the economic crisis. Just like you see in the news, there is a huge political tug of war not only in Obama's own party, but the opposing party as well. The biographies on Obama's economic team members is what makes this book worth reading in my opinion.
Another kiss and tell.
Matt Zeitlin
I'm thanked in the acknowledgements, so obviously this is the greatest book about the Obama administration ever written. Scratch that. Greatest book ever written.
Accessible and engaging analysis of the Obama administration's economic policies. It was both illuminating and infuriating.
I didn't really learn anything new about the 2008 financial crisis or the politics surrounding it.

Excellent. And super factually correct.
How can this ragtag gang be so inept?????????
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The Escape Artists: How Obama's Team Fumbled the Recovery Untitled

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