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The People's Money: How Voters Will Balance the Budget and Eliminate the Federal Debt Hardcover – January 31, 2012


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Product Details

  • Hardcover: 288 pages
  • Publisher: Threshold Editions; 1ST edition (January 31, 2012)
  • Language: English
  • ISBN-10: 1451666101
  • ISBN-13: 978-1451666106
  • Product Dimensions: 9.3 x 6.5 x 1 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (27 customer reviews)
  • Amazon Best Sellers Rank: #385,945 in Books (See Top 100 in Books)

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 --This text refers to the Paperback edition.

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.

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Customer Reviews

4.3 out of 5 stars
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See all 27 customer reviews
64% think the U.S. is overtaxed.
Chuck DeVore
The average voter shows common sense in thinking through the problems facing the U.S. and the book reveals the solution approaches preferred by the average voter.
brucerb
If you are not....I strongly suggest you read the book.
Sue

Most Helpful Customer Reviews

36 of 42 people found the following review helpful By Chuck DeVore on February 6, 2012
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 By Samuel J. Sharp on 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 By Mark J. Meckler on 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 By Dr. Miguel Faria TOP 1000 REVIEWER on 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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