Comeback America: Turning the Country Around and Restoring Fiscal Responsibility
As an accoun ...more
Books about fixing America's dysfunctional economy are trendy again and partisan finger pointing is probably the most notable component in most books. The book by David M. Walker called Comeback America is no exception when it comes to the frustration and anger he shares when in particular chastising President George W. Bush. Irritation aside, Walker is one who has the credentials to deliver punches since he also work under President Reagan, Bush 41 and Clinton eventually becoming comptroller ge...more
BUT HOLY CRAP READ THIS BOOK.
Read this book and feel as nauseous as I did when you realize that "by 2040, all of our federal tax revenues will add up to enough to cover only our two biggest expenses: interest on o ...more
Like them or not, he lays out some relatively common-sen ...more
Needless to say, I found the "solution" portion of the book to be very lacking and very evident that it was written by someone who's been in government much too long. ...more
One of my biggest pet peeves is when people complain about paying taxes. Nobody likes paying taxes but we derive so many services from paying taxes that I’m always flabbergasted by people’ ...more
Rather than rehash his theories, I'll use this space to highly recommend this book to anyone who is concerned beyond the typical political tripe that dominates today's media. There' ...more
Personally, I was left looking for a little more meat on the bones of many of his analyses and proposals. However, given that the book is geared to speak to a wide range of people and thus has to keep it at a high level rather than digging into the details.
Recommended reading for any ...more
Former federal official warns about mounting deficit
Broadcast: Midday, 01/12/2010, 12:00 p.m.
David Walker, a former comptroller general of the United States and former head of the Government Accountability Office, says the U.S. faces longterm disaster if it doesn't fix its financial condition.
Walker is the author of the new book, "Comeback America: Turning the Country Around and Restoring Fiscal Responsibility."
He spoke at the National Press Club in Wash ...more
This book really makes excellent points, about the role of government with regards to fiscal accountability. The truth here seems to be not whether we are liberal or conservative, but whether we can find true representation that will help us return our fiscally irresponsible country, that is addicted to credit to the black. It's not about what services the government provides us, it is what we need and how we pay for it. This is a ...more
"The federal government borrowed $787 billion...for the stimulus bill...and the entire amount was added to out national debt. Does that remind you of anything? How about all the Americans who made no down payments...to finance homes they couldn't afford? Those irresponsible borrowing practices...caused the subprime mortgage crisis. Now our government is acting like one of those irresponsible mortgagees."
-David Walker, Comeback America