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The New New Deal

The Hidden Story of Change in the Obama Era

This book is available for download with iBooks on your Mac or iOS device, and with iTunes on your computer. Books can be read with iBooks on your Mac or iOS device.

Description

In a riveting account based on new documents and interviews with more than 400 sources on both sides of the aisle, award-winning reporter Michael Grunwald reveals the vivid story behind President Obama’s $800 billion stimulus bill, one of the most important and least understood pieces of legislation in the history of the country. Grunwald’s meticulous reporting shows how the stimulus, though reviled on the right and the left, helped prevent a depression while jump-starting the president’s agenda for lasting change. As ambitious and far-reaching as FDR’s New Deal, the Recovery Act is a down payment on the nation’s economic and environmental future, the purest distillation of change in the Obama era.

The stimulus has launched a transition to a clean-energy economy, doubled our renewable power, and financed unprecedented investments in energy efficiency, a smarter grid, electric cars, advanced biofuels, and green manufacturing. It is computerizing America’s pen-and-paper medical system. Its Race to the Top is the boldest education reform in U.S. history. It has put in place the biggest middle-class tax cuts in a generation, the largest research investments ever, and the most extensive infrastructure investments since Eisenhower’s interstate highway system. It includes the largest expansion of antipoverty programs since the Great Society, lifting millions of Americans above the poverty line, reducing homelessness, and modernizing unemployment insurance. Like the first New Deal, Obama’s stimulus has created legacies that last: the world’s largest wind and solar projects, a new battery industry, a fledgling high-speed rail network, and the world’s highest-speed Internet network.

Michael Grunwald goes behind the scenes—sitting in on cabinet meetings, as well as recounting the secret strategy sessions where Republicans devised their resistance to Obama—to show how the stimulus was born, how it fueled a resurgence on the right, and how it is changing America. The New New Deal shatters the conventional Washington narrative and it will redefine the way Obama’s first term is perceived.

Publishers Weekly Review

Jun 25, 2012 – The Recovery Act of 2009 was a piece of legislation carefully and quickly designed to bring the economy back from the brink of a depression. As Time magazine senior correspondent Grunwald (The Swamp) argues, it did just that while simultaneously fulfilling many of President Obama’s most important campaign promises, including unprecedented investment in energy, education, and green jobs. However, despite its achievements, the legislation has invited fierce and fiery critiques from both left- and right-leaning politicians and remains largely misunderstood by the American public. Grunwald carefully documents the Recovery Act’s achievements and successes while elegantly explaining how they have been hopelessly overshadowed by the Obama administration’s communication failures, an uncompromising Republican minority, and the rise of Tea Party firebrands who successfully transformed economic positions widely accepted on both sides of the aisle for decades into political poison. Mammoth in scope, the book covers everything from a late-night meeting that ran over onto the Chicago El train to stimulus-funded biofuel plants that produce algae-infused chocolate ice cream (and jet fuel). Throughout, Grunwald keeps his tone snappy and readable, while consistently grounding the political story of the Recovery Act in its real impact on everyday Americans. The result is an impressive book about the startling gap between facts and media spin.

Customer Reviews

An excellent history of an underreported program

Grunwald makes an excellent case that the 2009 stimulus, perhaps because it lacked any marquee items and was poorly sold to the American people, was actually a resounding success. His book is especially valuable because the stimulus has been underreported (or poorly reported) and he brings to light a lot of details and analysis that even someone who follows politics closely probably missed. Highly recommended.

nice book

.. it was nice to read the details behind the decision...

The New New Deal
View In iTunes
  • $12.99
  • Available on iPhone, iPad, iPod touch, and Mac.
  • Category: Politics & Current Events
  • Published: Aug 14, 2012
  • Publisher: Simon & Schuster
  • Seller: Simon and Schuster Digital Sales Inc.
  • Print Length: 528 Pages
  • Language: English
  • Requirements: To view this book, you must have an iOS device with iBooks 1.3.1 or later and iOS 4.3.3 or later, or a Mac with iBooks 1.0 or later and OS X 10.9 or later.

Customer Ratings

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