This is a review from Financial Planning Magazine’s online site www.financial-planning.com:
The Audacity of Help
Bookshelf
By Paul Menchaca
October 1, 2009
THE AUDACITY OF HELP:
Obama’s Economic Plan and the Remaking of America
John F. Wasik; Bloomberg Press; $16.95
“Why did the American people entrust an unknown, not-quite one-term senator from Chicago with the highest office in the land?” asks John F. Wasik in the introduction to his new book, The Audacity of Help. Wasik, a columnist for Bloomberg News and the author of 12 books, examines what he calls Obama’s “Green Deal”—or the spiritual heir to the New Deal—that aims to create jobs, expand healthcare, improve environmental protection and rebuild the country’s sagging energy infrastructure.
If Obama’s plan succeeds, he’ll revive “social capitalism,” Wasik writes, blending humanistic service, pragmatic government supervision and free-market principles. If he fails, and Wasik argues that the success of the plan will depend on how effective his stimulus plan is in the next two years, he will be met with an unforgiving public.
Wasik explores how Obama’s programs will impact the public, how people can benefit from them and what investments should be considered. At a time when thoughtful dialogue is often replaced with angry mob-like shouting, Wasik helps us understand the challenges Obama faces trying to fix the broken economy he inherited.
Tags: Audacity, Financial Planning, Obamanomics