From the Inside Flap
Is America Really
Past Her Prime?
The price of oil is skyrocketing. The housing market has collapsed--and so has the dollar. Every day brings a new story about how America's economy is about to sink--how the future belongs to the emerging economies of China and India. But guess what? America isn't on the brink of collapse. In fact, if anything, America's economy is poised for a resurgent future. If you thought the media were only telling you half the story, you were right. In their provocative new book, Reality Check: The Unreported Good News about America, authors Dennis Keegan and David West redress the media balance. In Reality Check you'll learn the facts the liberal media don't want you know. Did you know, for instance, that:
* since 2001 the U.S. economy's increase has been larger than the entire economy of China
* the federal deficit is lower now, as a percentage of the Gross Domestic Product, than it was during the 1990s, 1980s, and 1970s
* the real villain in high gas prices is taxes
* personal income has risen by 12.1 percent over the last seven years
and that's just scratching the surface. If you want to know the real state of the Union, Reality Check is essential reading.
About the Author
Dennis Keegan is Chairman and Chief Investment Officer of the Auspex Group, a hedge fund headquartered in Greenwich, Connecticut. Previously, he served for fifteen years with Salomon Brothers, Inc., in New York and London. During his career with Salomon Brothers, he headed up the U.S. proprietary trading, European fixed income arbitrage, and foreign exchange divisions. He was the chairman of Salomon's risk management committee, co-head of global fixed income, and co-chief executive of European operations. Mr. Keegan earned a bachelor's degree in economics at UCLA, and an MBA from the UCLA Anderson School of Management, where he currently serves on the Board of Visitors.
David W. West is Founder and CEO of Civicom, an advanced telecom and web-conferencing services company. He is the former general manager of a division of Nestlé, the world's largest food company, where he championed a number of highly successful new businesses. He received an MBA from Harvard Business School where he received the 2005 "Making a Difference" Award for his pioneering work in corporate philanthropy.