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Comeback America: Turning the Country Around and Restoring Fiscal Responsibility Hardcover – January 12, 2010

by David M. Walker (Author)
4.1 4.1 out of 5 stars 68 ratings
See all formats and editions
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He's one of America's most capable, canny, candid, and independent financial experts. Now David M. Walker sounds a call to action. Comeback America is a tough-minded, innovative, inspiring guide to help us avoid the approaching economic abyss and put the country back on track again.

As comptroller general of the United States and head of the Government Accountability Office (GAO)—"the nation's top auditor"—Walker warned Congress and the administration as the federal surplus became a giant deficit under George W. Bush. As president and CEO of the Peter G. Peterson Foundation, he now works full-time to raise public awareness regarding mounting debt burdens being imposed on future generations. Comeback America is his crucial manifesto, a way for President Obama to end out-of-control government spending and reform our tax, retirement, health care, defense, and other systems—before it's too late.

Walker believes that by 2030, absent significant reforms to current government programs and policies, federal taxes could double from current levels, meaning less money and poorer education for kids—which will hurt families along with our nation's economic strength and position in the world. If our foreign creditors—such as China—decide to buy fewer of our Treasury bonds, interest rates will rise and cars and homes will become less affordable.

But it doesn't have to be that way. Comeback America shows how we can return to our founding principles of fiscal responsibility and stewardship for future generations. The book includes bold ideas to control spending, save Social Security, dramatically alter Medicare, and simplify the tax code—all taking into account the Obama Administration's current efforts, which receive never-before-published assessments both complimentary and critical.

    Nonpartisan, nonideological, and filled with a love of the country its esteemed author has spent his life serving, Comeback America is a book for anyone interested in America's economic future—in other words, a book everyone should read.
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  1. Print length
    240 pages
  2. Language
    English
  3. Publisher
    Random House
  4. Publication date
    January 12, 2010
  5. Dimensions
    6.38 x 0.93 x 9.57 inches
  6. ISBN-10
    1400068606
  7. ISBN-13
    978-1400068609
  8. See all details
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Customer reviews

4.1 out of 5 stars
68 global ratings

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Customers say

Customers find the book insightful and informative about the current financial condition of the nation. They describe it as an easy read with a straightforward analysis and clear language that everyone can understand. The book provides valuable insights on the current fiscal crisis, Federal spending, and practical advice for government transformation. Readers appreciate the non-partisan content and the author's apolitical views. However, opinions differ on whether the current deficits and debt are bad enough or unsustainable.

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Reading valueReadabilityValue for moneyGovernancePartisan contentFiscal responsibility
21 customers mention "Reading value"21 positive0 negative

Customers find the book insightful and informative about the plight of the country. They say it does a great job of educating the reader and providing courses of action. The book is considered important and worth considering. It delivers a comprehensive message on how to get the country onto a sustainable path in an intelligent, concise way that resonates with them.

"...Comeback America takes these complex issues and presents them in an intelligent, concise way that resonates with more than just policy wonks...." Read more

"...His approach, and recommendations, are nonpartisan, pragmatic, and worthy of consideration...." Read more

"...It was not there. I think this is a good book for someone who has not read much in this area. I was disappointed." Read more

"...It does a great job of educating the reader, and providing courses of action that the President, Congress and U.S. citizens can take to put the..." Read more

13 customers mention "Readability"11 positive2 negative

Customers find the book easy to read and understand. They say it provides a concise, eye-opening overview of the current financial condition of the nation in language everyone can understand. The author lucidly and factually describes the frightening economic and fiscal issues.

"...takes these complex issues and presents them in an intelligent, concise way that resonates with more than just policy wonks...." Read more

"...Beyond its easy accessibility, perhaps the most important reason you should read this book is the lack of partisan taint...." Read more

"...His book is an easy read with a very straightforward analysis of the critical fiscal problems facing this country...." Read more

"...time experience on federal financial matters but in language that everyone can understand...." Read more

10 customers mention "Value for money"10 positive0 negative

Customers find the book provides valuable insights on the current fiscal crisis and federal spending. It offers a concise, eye-opening overview with facts and practical advice. The author takes a common sense approach that calls for personal responsibility. The book is full of great ideas and suggestions for America's future.

"...In this book Walker has used financial analysis and practical advice to create a blueprint for stability and prosperity...." Read more

"...but an effective government–one that is fiscally responsible, focuses on the future, and looks out for the collective best interest of America and..." Read more

"...agree with Walker's political views, but he does provide good insight on the current fiscal crisis." Read more

"...Walker is a wonk who is a true fiscal conservative. By fiscal conservative, I mean he wants to balance the books, not necessarily anti-tax...." Read more

4 customers mention "Governance"4 positive0 negative

Customers like the book's governance. They say it explains the transformation of the government, effective government, and personal responsibility. The book provides courses of action for the President, Congress, and U.S. citizens. It also mentions overhauling Social Security and the healthcare system.

"...words, not a “small government or a big government[,]” but an effective government–one that is fiscally responsible, focuses on the future, and..." Read more

"...Specific ideas are offered for revamping Social Security, overhauling the healthcare system..." Read more

"...sense approach that calls for personal responsiblity and government accountability...." Read more

"...It does a great job of educating the reader, and providing courses of action that the President, Congress and U.S. citizens can take to put the..." Read more

4 customers mention "Partisan content"4 positive0 negative

Customers appreciate the nonpartisan and pragmatic content of the book. They find the author apolitical and a trusted political independent.

"...His approach, and recommendations, are nonpartisan, pragmatic, and worthy of consideration...." Read more

"...I really like the fact he is apolitical..a rare non-partisan. Walker is a wonk who is a true fiscal conservative...." Read more

"...The book is non-partisan--he just calls it like he sees it...." Read more

"...not only the nation's "Former Top Auditor" but is also a trusted political independent...." Read more

6 customers mention "Fiscal responsibility"3 positive3 negative

Customers have different views on fiscal responsibility. Some say the government should be fiscally responsible and focus on the future. Others mention the current deficits and debt are bad enough, marking steady deterioration in the country. The long-term fiscal gap is unsustainable and the debt is dangerous.

"...or a big government[,]” but an effective government–one that is fiscally responsible, focuses on the future, and looks out for the collective best..." Read more

"...Our debt and unfunded liabilities are unsustainable. It's time to pay up!..." Read more

"...believe there is still time to keep the good stuff and yet not be fiscally insolvent...." Read more

"...The current deficits and debt are bad enough, marking steady deterioration in the government's fiscal position over the past decade and exacerbated..." Read more

Top reviews from the United States

  • Lisa Strange Weatherby
    5.0 out of 5 stars Finally! Dave Walker is not only the nation's "Former Top Auditor" but is also a trusted political independent.
    Reviewed in the United States on February 2, 2010
    Verified Purchase
    Comeback America is one of the most riveting books that you will read on the importantant subject of the fiscal health of this country. One would be hard pressed to find anyone at any level who is more knowledgable than is former comptroller general of the United States, Dave Walker.

    Our global economic issues have become so complex that even most of the top expert "watch dogs" in Washington did not see this financial tsunami coming. Thus, it is difficult to expect the average person to be able to fully grasp these matters, making it easy to become swayed by 30 second sound bites that are often based on ideology rather than facts. Comeback America takes these complex issues and presents them in an intelligent, concise way that resonates with more than just policy wonks.

    I have long admired Walker's tenacity in promoting the award winning documentary IOUSA and his Fiscal Wake Up Tour and he was doing so long before the most recent crisis hit in the Fall of 2008. How differently things might have turned out if those inside the Beltway had stood up for the courage of their convictions the way Dave Walker has.

    He pulls no punches in his assessment of the failures of those on both sides of the political spectrum and, importantly, proposes common sense solutions.

    This book is a must read and should be required reading in all institutions of higher learning.
    16 people found this helpful
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  • Jason B.
    5.0 out of 5 stars Excellent insight
    Reviewed in the United States on December 26, 2010
    Verified Purchase
    Must read. This information is necessary for every citizen to learn and understand. Our federal government is committing economic tyranny. Our debt and unfunded liabilities are unsustainable. It's time to pay up! If we don't stop spending trillions of dollars that don't exist our economy will enter a depression lasting decades. We have literally enslaved younger generations with debt. This is beyond immoral. It's time to wake up America! It's only getting worse. Democrats spend more and tax, Republicans spend and don't tax. It all ends up with the same massive debts and deficits. I don't agree with all of Walker's own suggestions to solve these obligations but many are very reasonable. I'd like to see Capital Homesteading programs promoted found on cesj.org. Capital Homesteading can provide a fundamental financial and institutional change to the system that gives people the means to acquire property without redistribution. It's a constitutional right that is totally ignored by both parties. Wage slavery needs to end, Ownership freedom needs to begin!
    2 people found this helpful
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  • Chad M
    5.0 out of 5 stars Good ideas for America's future. Plans to avoid an extremely large national debt seem reasonable.
    Reviewed in the United States on May 13, 2021
    Verified Purchase
    Entitlements for medical care have shifted a large part of the economy from the private sector to the public sector. Everyone pays and virtually no one is directly responsible for medical costs. Walker is concerned that deficit spending will make the national debt reach levels that have long-term consequences. Congress has taken an oath to provide for the general welfare and common defense. Neither of these priorities can be met indefinitely if the dollar crashes. The US may have declining use of conventional military forces and be forced into reliance on the nuclear deterrent if budget and dollar value trends continue. This would tend to put America in a box. Without the capacity for effective and flexible use of power -- economic, social, diplomatic, and military -- American greatness may continue but in a different form. Ultimately, if foreign markets and foreign resources become disrupted the wealth and quality of life will gradually shift to more powerful nations, just as it shifted to the United States in the 19th and 20th centuries. The world has a finite amount of resources, in most economic sectors.

    In this book Walker has used financial analysis and practical advice to create a blueprint for stability and prosperity. Since the publication some key areas have gotten worse. It is unknown how many Senators hear Mr. Walker on TV, view the interviews several times, or read his books, and see what the Peter G. Peterson Foundation is proposing. Democrats, who say they are aligned with working people and the poor, should pay extra attention, since Medicaid and Social Security, and other public services, are so vital to the nation's lower income people (approx. 40% of the population). Yet Democrats seem the least interested in fiscal reform and sustainability. Republicans have fluctuating views on the budget and it's hard to see where they stand. All Congressional districts are under some form of financial pressure. Wealthy individuals, families, and corporations ride a wave of debt. Their riches and power are completely reliant on US military dominance, or at least on the effectiveness of deterrence, achieved by both nuclear and conventional forces.
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