On the big questions about our government’s performance in the lead up to the 2008 financial crisis and afterwards during the response, today’s guests believe our government blew it. Past administrations made errors of commission and omission that led to the crisis, and the Obama Administration failed to address its aftermath effectively. Government didn’t diagnose and treat the problems that led to the crisis, and it didn’t prescribe the right medicine after the convulsion. On these big questions, few at Firedoglake are likely to disagree with the good doctors of political science who are today’s guests. There’s blame enough to go around, the authors say, but “Wall Street should be nailed to the highest pole.”
|By: Jeff Connaughton Sunday July 28, 2013 1:59 pm|
|By: Jeff Connaughton Saturday April 13, 2013 1:59 pm|
Edward Luce’s book has been widely praised as carefully balanced and filled with evocative analysis and reportage. With a cast of dozens of academic, business and governmental thinkers, it wrestles with America’s relative economic decline, how the global economy is increasingly siphoning away America’s ability to innovate and manufacture, and a wide range of U.S. policy failures from education to healthcare to reinventing government. Too often Internet-entranced readers like me look for distillations to digest quickly, rather than dwell on the fascinating interviews, anecdotal treasure chest, and hard-nosed analyses in Mr. Luce’s detailed yet highly entertaining book.