
Comeback America
Turning the Country Around and Restoring Fiscal Responsibility
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Narrated by:
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Bob Walter
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By:
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David M. Walker
He's one of America's most capable, canny, candid, and independent financial experts. Now David M. Walker sounds a call to action. Comeback America is a tough-minded, innovative, inspiring guide to help us avoid the approaching economic abyss and put the country back on track again.
As comptroller general of the United States and head of the Government Accountability Office (GAO)—"the nation's top auditor"—Walker warned Congress and the administration as the federal surplus became a giant deficit under George W. Bush. As president and CEO of the Peter G. Peterson Foundation, he now works full-time to raise public awareness regarding mounting debt burdens being imposed on future generations. Comeback America is his crucial manifesto, a way for President Obama to end out-of-control government spending and reform our tax, retirement, health care, defense, and other systems—before it's too late.Walker believes that by 2030, absent significant reforms to current government programs and policies, federal taxes could double from current levels, meaning less money and poorer education for kids—which will hurt families along with our nation's economic strength and position in the world. If our foreign creditors—such as China—decide to buy fewer of our Treasury bonds, interest rates will rise and cars and homes will become less affordable. But it doesn't have to be that way.
Comeback America shows how we can return to our founding principles of fiscal responsibility and stewardship for future generations. The book includes bold ideas to control spending, save Social Security, dramatically alter Medicare, and simplify the tax code—all taking into account the Obama Administration's current efforts, which receive never-before-published assessments both complimentary and critical. Nonpartisan, nonideological, and filled with a love of the country its esteemed author has spent his life serving, Comeback America is a book for anyone interested in America's economic future—in other words, a book everyone should hear.
©2010 David Walker; 2010 Random House AudioListeners also enjoyed...




















Critic reviews
"Please read this book by David Walker. No one has worked harder, been armed with more facts, written more clearly and been more dedicated to the mission of restoring confidence in our fiscal affairs and trust in government." —Paul Volcker, Chairman of the Economic Recovery Advisory Board and Former Chairman of the Federal Reserve
"Dave Walker has lifted the hood on the federal government, diagnosed the problems, and provided a number of sensible suggestions to help restore America's greatness. READ THIS BOOK IF YOU CARE ABOUT AMERICA’S FUTURE."—Ross Perot
"David Walker shows us how to regain fiscal sanity and why, if we don't, we're at risk of bequeathing a lower standard of living to our children and becoming a second rate power. Every American should read this book because Walker gives us specific solutions, and shows there is still hope."—Former U.S. Senator Bill Bradley
Yes.
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Great book
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Not easy "read" but incredibly important
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Good description of the problem but.......
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A must read for everyone who pays taxes in the US
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Written in 2010 so we are far worse off today than the author was postulating when he wrote it. Calls out BOTH political parties-as we should- for this mess. Also provides his solutions and challenges the reader to do the same and start taking personal and national finances seriously.
Listened to it twice back to back
Required reading for US Citizens
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A Must Read, If You Give A Damn
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Comeback America
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Mr. Walker draws on his experience to clearly state what he sees as major issues facing our country. I believe these are valid issues that may well impact the future of this country.
The author offers solutions to these issues. Some of those solutions are easy to accept while others are perhaps questionable.
He advocates a value added tax over other forms of taxation while declaring that our tax system must be simplified and more transparent. A VAT is certainly more simplified, but it is definitely not transparent. In fact it may well encourage our government to increase taxes without it being apparent to the taxpayer.
It isn't important that we agree with his solutions. What is important is that we are aware of the problems facing our country and we start the process of resolving those problems.
It will be difficult to change our culture from 'let others pay for my benefits' to one of 'let's share the burden' but that is exactly what needs to happen and this book is a very good explanation of why that change is necessary.
I was very disappointed to find that the web site he mentions at the end of his book is not yet up and running. I hope this failure will be corrected soon.
A thought provoking book
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Wish I read this book sooner!
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