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Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity Hardcover – December 8, 2015
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About the Author
Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.
The company encompasses ForbesLife, Forbes Europe, Forbes Asia and Forbes licensee editions published in over 37 countries. The company also publishes a number of investment newsletters.
Forbes.com reaches nearly 70 million users each month.
The company’s flagship publication, Forbes, is the nation’s leading business magazine, with a circulation of more than 900,000.
A widely respected economic prognosticator, Mr. Forbes is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.
In both 1996 and 2000, Mr. Forbes campaigned vigorously for the Republican nomination for the presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Mr. Forbes continues to energetically promote this agenda.
Mr. Forbes’ book, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It, co-authored by Elizabeth Ames (McGraw-Hill Professional), was published in June 2014 and received the coveted Leonard E. Read Book Award.
His other books include Freedom Manifesto: Why Free Markets are Moral and Big Government Isn’t, co-authored by Elizabeth Ames (Crown Business, August 2012); How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today’s Economy, co-authored by Elizabeth Ames (Crown Business, November 2009); and Power Ambition Glory: The Stunning Parallels between Great Leaders of the Ancient World and Today…and the Lessons You Can Learn, co-authored by John Prevas (Crown Business, June 2009). He also wrote: Flat Tax Revolution: Using a Postcard to Abolish the IRS (Regnery, 2005); and A New Birth of Freedom (Regnery, 1999), a book of bold ideas for the new millennium.
In 1985, President Reagan names Mr. Forbes Chairman of the bi-partisan Board for International Broadcasting (BIB). In this position, he oversaw the operations of Radio Free Europe and Radio Liberty. Broadcasting behind the Iron Curtain, Radio Free Europe and Radio Liberty were praised by Poland’s Lech Walesa as being critical to the struggle against communism. Mr. Forbes was reappointed to his post by President George H. W. Bush and served until 1993.
Steve Forbes was born on July 18, 1947, in Morristown, New Jersey. He received a B.A. in history from Princeton in 1970.
Elizabeth Ames has co-authored three previous books with Steve Forbes: Money: How The Destruction of the Dollar Threatens The Global Economy―And What We Can Do About It; Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t; and the Wall Street Journal bestseller, How Capitalism Will Save Us: Why Free People and Free Markets Are The Best Answer In Today’s Economy.
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Every member of Congress should add this book on their holiday reading list. Washington can clearly learn a thing or two from Mr. Forbes.
Secondly, the argument to replace our current tax code with a Flat Tax is discussed in simple terms. And, Forbes substantiates this argument by introducing to us several examples of improved economies/countries, where the Flat Tax has clearly accelerated economic engines, jobs, and therefore, rapid, stable, economic growth.
Again, Forbes correctly argues for reforming the Federal Reserve--drastically. We need to get back to the Gold Standard! Today's monetary policies (experiments) just don't work ie. look at quantitative easing (QE), zero-to-negative interest rates, the hyper-regulation of banks, etc., In particular, finally, I like Forbes' impassioned advocacy to help small and new business entrepreneurs to be able to acquire adequate credit. Thank you Mr. Forbes!
Every policy maker and anyone thinking about running for office should read this book and learn from Mr. Forbes’ expertise. We can make America great again and Mr. Forbes shows us how.
The book is broken down into three parts - Obamacare, Flat Tax and the Fed. It is a road map of specifics as to how to rekindle America's entrepreneurial spirit.
Forbes deals with Obamacare and the importance of starting over and developing a free marketplace allowing patients to cross state lines. Tax-Free Health Savings Account are explained and advocated. It is refreshing to have an economist speak to our medical insurance issues instead of politicians.
What I believe to be the best part of the book dwells on Forbes Flat Tax plan. The book changes format when discussing a Flat Tax and deals with the many "myths" that surround the plan (charitable giving for one). Forbes lays out figures to prove how fair and pro-market his plan is. WHY we are not already on a Flat Tax system is beyond me as it is simple and fair.
The book is full of specifics yet easy to read (only 165 pages of reading).
Perhaps the most provocative part of the books is the part that deals with the Fed. Forbes explains how the Fed has distorted our market place and calls for lending to reflect the market place and not politics. He also deals with over regulation and a return to stable standard such as gold.
I recommend the book highly.
When it went into effect, I was scheduled out of my sleep apnea coverage. Had to apply for low-income pharmacy coverage bec my asthma medication went to 300.00 a month. I was taking it at a half dose to make it last longer. ObamaCare is a criminal idea finally brought to realization. I feel sorry for anyone in the medical profession...the robber barons of our day are in the hospital, pharmaceutical, and insurance rip-offs.