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by: John R. Talbott
List Price: $16.95Amazon.com's Price: $11.53 You Save: $5.42 (32%)Prices subject to change.
Availability: Usually ships in 24 hours
Binding: Paperback
Dewey Decimal Number: 330.973
EAN: 9781583228654
ISBN: 1583228659
Label: Seven Stories Press
Manufacturer: Seven Stories Press
Number Of Items: 1
Number Of Pages: 256
Publication Date: July 01, 2008
Publisher: Seven Stories Press
Sales Rank: 11797
Studio: Seven Stories Press
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Editorial Review:
Product Description: Barack Obama’s greatest strength has been his ability to bring the country together in a meaningful dialog. For far too long the divisions among races, religions, cultures, and genders have prevented Americans from coming together to solve the most important problems of our generation:
- Environment and energy shortages
- Mortgage and housing crises
- War and terrorism
- Healthcare and Social Security
- Poverty in the world’s richest nation
As the Obama administration takes on the current economic crisis amid accusations of planning a socialist system, economics and political writer John R. Talbott argues that such complex problems found both at home and abroad cannot just be left to the actions of government or the free market business world, or the Bush administration's version of Reagonomics that still sticks to a “trickle-down” policy.
The change that Talbott sees from a Barack Obama presidency is one based on justice and cooperation, principles that have not held sway in Washington, DC for a very long time. Obamanomics, infused with Obama’s speeches, campaign policy statements, and other writings, describes not just a government but a NATION acting according to democratic principles to reform lobbying, banking, and housing as well as restore economic growth, address the healthcare system, improve education, and find solutions to our aging population and declining energy sources.
Once emphasis is placed on citizen involvement, real solutions become apparent to our most pressing problems. The American values of goodness, justice, and fairness is reflected in this man with roots from Kenya, Kansas, Hawaii, and Illinois can once again be incorporated into our economic and financial system.
A former investment banker for Goldman Sachs, John R. Talbott is the author of four books on economics and politics, including The Coming Crash in the Housing Market making him one of the first to predict the current housing and mortgage crisis. He has appeared on CNN, Fox News, CNBC, and CBS Marketwatch and has written for The Wall Street Journal, the Financial Times, and the Boston Globe.
Customer Reviews
Average Rating: 
Rating: - Thinly Veiled Socialist Manifesto
It sounds good, but if you really examine all the wonderful things Obama is going to do, it adds up to Socialism. All corporations are the bad guys and must be taxed and regulated, wealthy people demonized, economic justice that means taking away from one group to give to another. It's stealing--just like Obama and Talbott like to say that corporations are doing. If enough people are swayed by this pro-Obama propaganda, we will all have to live with the results. After he soaks the corporations and ... Read More
Rating: - The Economics of Common Sense
This is perhaps the best summary of the issues facing America today - economic and political - that has ever been assembled in one place. The writing is concise, factual and well researched on a variety of topics - ranging from the current financial melt-down, to the cost and availability of healthcare, to the looming social security crunch. The analysis is crisp and logical, similar in style to "Freakonomics" by Levitt and Dubner. And while Obama's positions are indicated, the underlying text would ... Read More
Rating: - Liberty Vs. Equality
I read this book with an open mind and a longing for the insights to Obama and while Talbott's writing was clear, it was a bit naive. His insistence on economic justice as the fix to our financial issues is nothing more than redistribution of wealth. His disdain for Americans who want a 12000 square foot house and a Hummer reveals a deep bias. Of course no one needs that much space, but in this country we value liberty and freedom to choose. It's not the governments place to decide what we need and/or ... Read More
Rating: - Obamanomics is a must read
Quite simply the best explanation of our current financial crisis I have read. Especially if the markets confuse and frighten you. I wish the book was called something else. The subtitle perhaps would have been better. Anyway. READ THIS BOOK
Rating: - A must read explanation for now and recommendations for future
As a non-economist there were many things about our current economic situation that are not explained in the press with any level of clarity. Talbert not only explains the current state of the economy but how we arrived at this point and how the Obama plan will return us to prosperity. Talbert offers an honest assessment of the Obama plan, including criticisms and insights for the return of our economy to health. He also identifies the consequences of not making dramatic changes now.
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