Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your mobile phone number.

Buy Used
$4.84
FREE Shipping on orders over $25.
Condition: Used: Very Good
Comment: A well-cared-for item that has seen limited use but remains in great condition. The item is complete, unmarked, and undamaged, but may show some limited signs of wear. Item works perfectly. Pages and dust cover are intact and not marred by notes or highlighting. The spine is undamaged.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 2 images

The New New Deal: The Hidden Story of Change in the Obama Era Hardcover – August 14, 2012

4.3 out of 5 stars 126 customer reviews

See all 6 formats and editions Hide other formats and editions
Price
New from Used from
Kindle
"Please retry"
Hardcover
"Please retry"
$1.49 $0.01

Audacity: How Barack Obama Defied His Critics and Created a Legacy That Will Prevail by Jonathan Chait
“Audacity” by Jonathan Chait – Sponsored by HarperCollins
A compelling case for why history will judge our 44th president as among the greatest ever. Learn more
click to open popover

Editorial Reviews

Review

About the Author

See all Editorial Reviews
NO_CONTENT_IN_FEATURE

New York Times best sellers
Browse the New York Times best sellers in popular categories like Fiction, Nonfiction, Picture Books and more. See more

Product Details

  • Hardcover: 528 pages
  • Publisher: Simon & Schuster (August 14, 2012)
  • Language: English
  • ISBN-10: 1451642326
  • ISBN-13: 978-1451642322
  • Product Dimensions: 6.2 x 1.6 x 9.2 inches
  • Shipping Weight: 1.6 pounds
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (126 customer reviews)
  • Amazon Best Sellers Rank: #328,860 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By The Ginger Man VINE VOICE on August 14, 2012
Format: Hardcover Verified Purchase
The political parties disagree about whether the Recovery Act of 2009 has succeeded. This is based on deeper philosophical differences as to the preferred role of government in the economy as well as the historical effectiveness of FDR's New Deal in moderating the effects of the Great Depression. Author Mike Grunwald suggests that while reasonable people continue to debate the Recovery Act, they ought first "to hear the real story of what was in it, how it got there and how it got translated into action." To achieve this, Grunwald conducted interviews with more than 400 sources and utilized government documents as well as contemporary reporting.

In 3 sections, Grunwald covers the developing economic crisis, the passage of the bill over Republican opposition and the Recovery Act in action. He reminds us that as Obama entered office, credit was frozen, consumer confidence was at its lowest ever recorded level and the economy was shrinking at a rate of 8.9%. Within 30 days, the new administration passed an 1073 page, $787 billion dollar economy stimulus bill. Grunwald tells us that the Act was the biggest and most transformative energy bill in US history, the biggest foray into industrial policy since FDR and contained the largest middle class tax reduction since Reagan. The bill also delivered the largest infusion of research money ever, was the first modern spending bill without earmarks and required of itself unprecedented transparency and oversight. While the Administration was trying to address the needs of an economy in desperate straits, it also designed the bill to deliver on 3 of the key promises of Candidate Obama: reducing oil dependency, improving health care and upgrading education.
Read more ›
6 Comments 238 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
Although I know that economists generally consider the stimulus to have been a success, and that it's considered one of the most transparent government programs ever, I've never been particularly familiar with the details outside of the HITECH Act. As such, I was looking forward to getting started on this book.

Reading the introduction made me excited about seeing what will be accomplished from the reinvestment part of the Act. It's the first time I heard about the ARPA-E agency, Obama's mini-Manhatten Project, designed to invest in high-risk, high-reward energy research. And while the size of the Act - half what economists said at the time was required, with much of it devoted to tax cuts - was a disappointment, the sheer reach is mind-boggling: investments in transportation infrastructure, investments in research, investments in healthcare, investments in energy. Reading this chapter left me wanting more, wanting to know the details behind each of these ambitious programs.

Chapter one takes a step back and looks at what Obama wanted to accomplish with the bill, what his priorities were and the values that the stimulus represented. Then in chapter two, we get what the author calls the four pillars of the stimulus. Energy: how can we reduce our energy use and our carbon footprint without reducing our standard of living? Health care: how can we prevent the explosion in health costs that were on track to take up a full third of the economy by 2040, and improve the quality of care? Education: could we reach the goals that No Child Left Behind set out, but dismally failed to reach?
Read more ›
4 Comments 115 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover
*****
"The New Deal's vast legacies are still with us, and so, too, are the questions it provoked. 'Was it a success or failure? The plot of a dictator? A paragon of progressive government or a harbinger of oppressive federal interference in American life?' Hiltzik asks." -- Richard Rayner, LA Times
*

In an absorbing account based on interviews with hundreds of sources on both sides of the debate, and newly revealed documents, Michael Grunwald, an award-winning reporter explores the least understood story behind President Obama's bill, comparing it with FDR's New Deal. The $800 billion, most controversial bill, is one of the most polarizing and least analyzed pieces of legislation in recent American history. Grunwald articulates a compelling study, based on serious investigative reporting, which shows how the 'American Recovery and Reinvestment Act', aka the stimulus, helped prevent a disastrous depression.

Officially, the $800 billion stimulus act was the largest economic recovery program in history. Adjusted for inflation, it is nearly five times the Works Progress Administration, and was bigger than the Marshall Plan. Economists and nonpartisan forecasting firms estimate that the stimulus created and saved more than 2 million jobs, short of the catastrophic job loss in 2008/9. It generated an unprecedented buzz around clean energy. Experts estimated the 'Stimulus' to amount to 3-4 times the one approved, extending on 2-3 five year plans, including the long neglected infra structure and utilities.

As ambitious and far-reaching as FDR's New Deal, the Stimulus is positively regarded by top economists as a down payment on the nation's economic recovery and environmental future.
Read more ›
8 Comments 130 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse