BuzzFlash Reviews
Obamanomics: How Bottom-Up Economic Prosperity Will Replace Trickle-Down Economics (Paperback)
John R. Talbott
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What are Obama's economic policies. There has been a lot of grumbling among some progressives that his advisors are too pro-globalization and free market, but Obama counters that we don't have a free market, that he believes in a real free market, not a rigged one -- and that globalization treaties have to take into account union, wage and jobs in America issues.
John Talbott, the author of "Obamanomics," penned an exclusive commentary for BuzzFlash which can give you a taste of the book.
Obama also has been "reframing" economic issues to put the real challengs before the nation, instead of having many voters preoccupied with demagogic Republican "wedge issues" that divert the middle and working class from economic issues.
"Obamanomics" is a great primer into understanding a nuanced economic approach, one that is still evolving. But regardless of campaign concessions that make Obama appear to be moving toward the center, his campaign has been based, literally, on a bottoms up approach -- and that should carry over, as this insightful book argues, into his economic policies.
No, Obama is not a John Edwards populist in style, but he does believe that the majority of Americans should have a larger piece of the pie than they have been getting since Reagan. In short, Obama understands class oppression and what has really been behind the right wing coup in America: the redistribution of our nation's money supply more and more to the wealthy.
He will reverse that, to be sure.
From Seven Stories Press, the publisher:
"Bestselling author John R. Talbott, widely regarded as one of the first to predict the current housing and mortgage crisis, turns his attention to the economic possibilities achievable under an Obama presidency. Global warming, lobbying reform, poverty, healthcare, global wars, terrorism, education, housing and banking reform, and energy and water shortages�these are complex global problems that Talbott argues cannot be left to the free market business world or governments to solve.
"Obama has shown he knows that divisions among races, religions, and political views have prevented Americans from coming together to solve the most important problems of our age. Obamanomics, infused with Obama's speeches, campaign policy statements, and other writings, describes a
government acting according to democratic principles to enact lobbying reform, get our economy moving again, fix our healthcare system, slow global warming, prevent unnecessary wars, improve education, address the aging of our population, find alternative energy sources, and bring about
housing, mortgage, and banking reform."
About the author:
A former investment banker for Goldman Sachs, JOHN R. TALBOTT is the author of four books on economics and politics, including The Coming Crash of the Housing Market. He has appeared on CNN, Fox News, CNBC, CBS Marketwatch and written for the Wall Street Journal, the Financial Times, and the Boston Globe.
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