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Comeback: America's New Economic Boom
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Comeback: America's New Economic Boom

3.5 of 5 stars 3.50  ·  rating details  ·  22 ratings  ·  6 reviews
Charles R. Morris’s The Trillion Dollar Meltdown (2008) was the first book to warn of the impending financial crash in all its horrific scale and speed. Now, with Comeback, Morris reveals that the United States is on the brink of a strong recovery that could last for twenty years or more.

The great economic boom times in American history have come because of fortuitous disc
Paperback, 192 pages
Published June 11th 2013 by PublicAffairs (first published January 1st 2013)
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Comeback, as the sub-title suggests, predicts a coming economic boom for America. The source? Cheap energy. Morris hypothesizes that an emerging boom in cheap energy—driven by natural gas extracted by fracking shale—will lead to a resurgence in American manufacturing and an economic boom. The shale gas revolution has been a long time coming. President Ford launched the Eastern Gas Shales Project in the 1970s. Congress passed a production tax credit in 1980. Polymers allowing commercial productio ...more
Louise Nemanich
This book hits on four big areas that he believes will determine the strength of America's economic growth in the coming 15-20 years: restoring of manufacturing back to the US from China, energy from shale oil and gas, infrastructure rebuilding, and healthcare. He makes strong logical arguments backed by data and first hand interviews. However, his 'analysis' is sharply skewed by a liberal bias. In and of itself, there is nothing wrong with a strong, clear perspective, but in this case he allows ...more
This book had a great primer on the natural gas extraction / fracking process as well as a succinct discussion of the ramifications and potential of this newly accessible, domestically produced energy. He also makes a strong case for a broader infrastructure investment program (once the deficit is tamed) and a rambling case that health care spending increases are not as bad as advertised.

All politicking aside (of which there was plenty), there was some great information here that was easy to fol
Rishi Singh
Was great to get a big picture view of shale and what obstacles it must overcome. The issue I have with the book is that the author can sound giddy at times and you can sense the excitement in his tone. I tend to be weary of books like that as they generally can be emotion-led and miss subtleties and other sides of arguments. While I know little of this topic, because of this tone, I had to discount the information and adjust for the bias (knocked off a star).
Pretty good analysis. Even though I am on opposite political sides to Morris, his thesis on the coming energy boom is mostly playing out. His take on the Energy majors and exporting the find is something to watch in the next five years.
Yalman Onaran
Too much focus on the shale gas boom. It probably will help US but not convinced it's our savior
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The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould and J.P. Morgan Invented the American Supereconomy The Surgeons: Life and Death in a Top Heart Center The Sages: Warren Buffett, George Soros, Paul Volcker, and the Maelstrom of Markets The Dawn of Innovation: The First American Industrial Revolution

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