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The People's Money: How Voters Will Balance the Budget and Eliminate the Federal Debt [Kindle Edition]

Scott Rasmussen
4.4 out of 5 stars  See all reviews (28 customer reviews)

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Book Description

GOVERNMENT BY THE PEOPLE

For more than half a century, Americans have elected candidates who promise to reduce spending. Yet spending has steadily increased. For just as long, politicians have blamed voters, claiming a lack of public support for the necessary cuts to reduce the budget deficit.

In one of the most provocative, important, and yet hopeful books on the economic state of the country yet written, influential political analyst Scott Rasmussen, called “today’s leading insurgent pollster” by the Wall Street Journal and “a driving force in American politics” by the Washington Post, argues that voters—not politicians—are the ones willing to make the compromises that will eliminate this massive burden from future generations.

Rasmussen draws on a comprehensive review of history, revelatory budgetary documents, and enlightening public-opinion polls to lay out clear-headed, responsible, and reasonable ways to eliminate a deficit that is $120 trillion and counting—all with the vast support of the American people. If only the Political Class would listen.


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Editorial Reviews

Review

“Rasmussen’s book makes it clear that voters do understand [the reality of the problems we face] and have given considerable thought to what changes would work. . . . Offers realistic solutions to our most pressing problems—both financially and politically.”

—Dick Morris, New York Times bestselling author of Screwed! and former advisor to President Bill Clinton

“A really fascinating read.”

RedState

“Fortunately, at least one prominent assayer of public opinion has taken a good look at [polling practices] and is screaming, ‘Pollster, heal thyself!’ . . . Rasmussen looks at America’s dire fiscal predicament through the lens of . . . a simple, neglected insight: Polling voters about broad political sentiments is very different from polling them about specific policy solutions.”

The Weekly Standard

About the Author

Scott Rasmussen is one of the most recognized and respected public opinion pollsters in the United States today. As founder and president of Rasmussen Reports, he is a political analyst, television commentator, author, and a regular on the speaking circuit. The Wall Street Journal says “Mr. Rasmussen is today's leading insurgent pollster” and “a key player in the contact sport of politics.” The Washington Post calls Rasmussen a “driving force in American politics” and reports that his polls have set off alarm bells in the Oval Office.

Product Details

  • File Size: 2290 KB
  • Print Length: 290 pages
  • Page Numbers Source ISBN: 1451666101
  • Publisher: Threshold Editions (January 31, 2012)
  • Sold by: Simon and Schuster Digital Sales Inc
  • Language: English
  • ASIN: B005PSL7TK
  • Text-to-Speech: Not enabled
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  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #566,379 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
36 of 42 people found the following review helpful
Format:Hardcover
Scott Rasmussen's "The People's Money; How Voters Will Balance the Budget and Eliminate the Federal Debt," is full of optimism for the future of America.

Rasmussen, one of America's most accurate pollsters, places great faith in the American voter to do the right thing when equipped with the facts.

The surprising aspect of this book is that it proffers common sense budgetary solutions to end deficit spending and begin to pay down the national debt - including the some $100 trillion in unfunded Medicare and Social Security liabilities.

Unsurprisingly, in an offering from a pollster, the book is chock full of interesting data.

73% of voters trust the American people more than political leaders.

62% of voters understand the gimmicks used by Washington to disguise spending cuts as cuts in the rate of growth rather than actual cuts in spending.

28% of voters believe that the government running of the economy is more important than protecting individual rights.

When voters are told that returning to the gold standard would reduce the power of central bankers and politicians to steer the economy, support for it rises from 24% to 57% with only 19% opposed.

7 in 10 Americans believe that Big Government and Big Business work together against the rest of us.

64% think the U.S. is overtaxed.

3 of 4 voters believe "average" Americans should pay no more than 20%.

Most think that tax cuts are good for the economy, only about ¼ think otherwise.

68% prefer fewer services and lower taxes; 22% the opposite.

64% think it's better to have lower tax rates and fewer deductions, 16%, the opposite.
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17 of 19 people found the following review helpful
3.0 out of 5 stars Startling Yet Full of Aspiration April 9, 2012
Format:Hardcover
Part One outlines Rasmussen's premise that members of Congress are unwilling to make the tough budget choices that voters are ready to accept and that this trend of Congressional action lagging behind public opinion has repeated itself throughout American history. Rasmussen also maligns the "Political Class" which distrusts voters because of their perceived ignorance and therefore reject the will of the people. All of this is important because many of Rasmussen's budgetary solutions involve moving decision making from politicians and bureaucrats to the voters themselves via referendums on social security/medicare changes or altering those programs to provide for revised tax rates based on individually selected retirement ages. Rasmussen also discusses the enormous scope of the deficit and how official reporting standards hide the true magnitude of the problem. More detailed numbers though are provided in chapter 11 where Rasmussen compares existing policy to the policy preferences of voters as revealed by Rasmussen polling.

Part Two discusses in detail how voters would address national security spending, entitlement spending, tax reform, and various welfare programs. Rasmussen takes the voters' preferences and designs policy solutions to enact them. Many of these solutions are simple and novel, but others, like the national referendums to approve changes to social security might strike readers as impractical. Readers who have read Brian Caplan's "Myth of the Rational Voter" might be terrified by the idea of national referenda on these topics but Rasmussen emphasizes that he has much more confidence in voters than in politicians and others in the Political Class.
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17 of 20 people found the following review helpful
5.0 out of 5 stars Solid Information Presented in a Compelling Way February 15, 2012
Format:Hardcover
Rasmussen's latest work is his best. While politicians tell us that the American public won't accept the "hard things" that must be done to put the nation back on sound footing, Rasmussen's numbers tell us something different. In the book he lays out a step by step plan for working on the nation's immediate problems, in each case demonstrating that there is already the public support necessary. Rasmussen proves conclusively, by the numbers, that the politicians who tell us it can't be done are simply misleading us in order to maintain the status quo they love.
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11 of 15 people found the following review helpful
4.0 out of 5 stars Restoring fiscal sanity and Constitutional governance! February 19, 2012
Format:Hardcover
This is a good book to initiate us as concerned citizens to the nuts and bolts of the process of getting the government budget balanced and the federal debt eliminated. The Peoples' Money: How Voters Will Balance the Budget and Eliminate the Federal Debt by Scott Rasmussen, a well-known, respected pollster and regular commentator in the speaking circuit, has written about the pitiful state of American finances and proposes a blueprint about how we can correct the problems and restore fiscal sanity.

He postulates that the American people are willing to make the necessary compromises, reduce government spending, eliminate the federal deficit, etc. --only that the politicians lie to us blaming Americans for not supporting the cuts in government spending that are necessary. I wish it was really that simple!

Mr. Rasmussen's fiscal information, statistics and dire warnings, are on target, but his prescription for curing the illness, and his rationale and methods for solving the economic ills of the nation are dangerous. One cannot run a government by the whim of the public opinion polls of the moment, or ignore the constitution because of fickle, momentary public opinion trends.

The American voters today are a shifty electorate, subject to the passions and whims of the moment, and media indoctrination including the way pollsters themselves frame questions are leading voters down the path of feel-good socialism.

The truth, as SAT scores, academic studies and even public opinion pollsters in the streets show, the average American is not as well-informed and civic-minded, as he once was!

We need a limited government shackled by the chains of the constitution, as prescribed by Thomas Jefferson, whom he quotes in a different context.
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Most Recent Customer Reviews
5.0 out of 5 stars Five Stars
The book arrived flawless.
Published 2 months ago by KorterBegorter
5.0 out of 5 stars good book
I think the author is all wrong as the national debt has doubled in the last 6 years and the people have done nothing about it.
Published 7 months ago by William H. Vahle
4.0 out of 5 stars Very Insightful Look at Federal Finances
If you are like many sensible and sane Americans these days, you have watched in horror and amazement as our federal government has lurched almost totally out of control... Read more
Published 13 months ago by P. Hinson
3.0 out of 5 stars Pollster fixing government
Though Rasmussen is right on many counts of debt, taxation and corruption, there is a huge misrepresentation that the electorate gets to vote on government policy. Read more
Published 15 months ago by Gderf
5.0 out of 5 stars Makes a ton of sense
I would recommend this book to anyone. Scott Rasmussen is objective, interesting and easy to read in general, but this book is a particular good read because in it, Rasmussen... Read more
Published 17 months ago by Butch Mazzuca
5.0 out of 5 stars IT REALLY IS THE PEOPLE'S MONEY
Scott Rasmussen has an art of making difficult subjects simple and understandable. I found this book well written and I would reccomend to everyone. Read more
Published 19 months ago by Lynton E. Scott
5.0 out of 5 stars Excellent book on that analysis of various aspects of our political...
The author has analyzed a large amount of polling data and he has analyzed this large amount of data to discuss several political issues. Read more
Published 21 months ago by ceramdoc
5.0 out of 5 stars Practical Book on What our Leaders Should be Doing
Great book to understand where our government spends all of its money and some practical ways to cut spending. Will our "Political Class" in Washington listen? I doubt it.
Published 23 months ago by dave rado
4.0 out of 5 stars People's Money
A must read for all conservatives and liberal alike. This is the real answer to a lot of questions even after the election. Read more
Published 24 months ago by RD
4.0 out of 5 stars The public's real thinking
Scott is able to deliver a completely different public opinion, far from what we think the "public" wants. He's in a position to know as a nationally recognized pollster. Read more
Published on November 13, 2012 by Drew
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