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Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It - Hardcover

 
9780374252878: Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It

Synopsis

Offers a look at the potentially devastating repercussions of the budget and foreign trade deficits, explaining how reckless tax cuts, out-of-control spending, and corrupt accounting in Congress may affect the future of America.

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Review

"Sobering, urgent, and evenhanded." --Bryce Christensen, Booklist
"With precision and punch, Mr. Peterson...blames both parties for conniving against fiscal common sense, he puts the present administration in a class of its own....Mr. Peterson writes, 'This administration and the Republican Congress have presided over the biggest, most reckless deterioration of American's finances in history.' Unfortunately, fixing the federal budget will require more than just cleaning up after the Bush administration, Mr. Peterson warns." --Christopher Caldwell, "The New York Times"
"Unusually clear and accessible, logically consistent, and highly convincing...It's a rare pleasure to see both political parties chastised equally." --Howard Marks, "Los Angeles Times"
"Lucid, powerful, and alarming...[By] the next presidential election (in 2008), the dire fiscal future that Peterson eloquently describes...will already have arrived." --Michael Mandelbaum, "Newsday"
"Unlike most analytic and policy-prescriptive books ["Running on Empty"] is lively and plainly written....[Peterson] is a certified establishmentarian. But he is also a Nebraska straight talker who calls 'em as he sees 'em....Persuasive...his 'Repent, for the end is near' warning is entirely appropriate." --Ted Van Dyk, "The Washington Post"
""Running on Empty" far exceeds the sum of its statistics and predictions. For Peterson's book poses a central moral question: How much should America spend on the 'past'--benefits for retirees--at the expense of the 'future'--a growing economy for unborn generations?" --"The New York Post"

Sobering, urgent, and evenhanded. "Bryce Christensen, Booklist"

With precision and punch, Mr. Peterson...blames both parties for conniving against fiscal common sense, he puts the present administration in a class of its own....Mr. Peterson writes, 'This administration and the Republican Congress have presided over the biggest, most reckless deterioration of American's finances in history.' Unfortunately, fixing the federal budget will require more than just cleaning up after the Bush administration, Mr. Peterson warns. "Christopher Caldwell, The New York Times"

Unusually clear and accessible, logically consistent, and highly convincing...It's a rare pleasure to see both political parties chastised equally. "Howard Marks, Los Angeles Times"

Lucid, powerful, and alarming...[By] the next presidential election (in 2008), the dire fiscal future that Peterson eloquently describes...will already have arrived. "Michael Mandelbaum, Newsday"

Unlike most analytic and policy-prescriptive books ["Running on Empty"] is lively and plainly written....[Peterson] is a certified establishmentarian. But he is also a Nebraska straight talker who calls 'em as he sees 'em....Persuasive...his 'Repent, for the end is near' warning is entirely appropriate. "Ted Van Dyk, The Washington Post"

"Running on Empty" far exceeds the sum of its statistics and predictions. For Peterson's book poses a central moral question: How much should America spend on the past'--benefits for retirees--at the expense of the future'--a growing economy for unborn generations? "The New York Post""

"Sobering, urgent, and evenhanded." --Bryce Christensen, Booklist

"With precision and punch, Mr. Peterson...blames both parties for conniving against fiscal common sense, he puts the present administration in a class of its own....Mr. Peterson writes, 'This administration and the Republican Congress have presided over the biggest, most reckless deterioration of American's finances in history.' Unfortunately, fixing the federal budget will require more than just cleaning up after the Bush administration, Mr. Peterson warns." --Christopher Caldwell, The New York Times

"Unusually clear and accessible, logically consistent, and highly convincing...It's a rare pleasure to see both political parties chastised equally." --Howard Marks, Los Angeles Times

"Lucid, powerful, and alarming...[By] the next presidential election (in 2008), the dire fiscal future that Peterson eloquently describes...will already have arrived." --Michael Mandelbaum, Newsday

"Unlike most analytic and policy-prescriptive books [Running on Empty] is lively and plainly written....[Peterson] is a certified establishmentarian. But he is also a Nebraska straight talker who calls 'em as he sees 'em....Persuasive...his 'Repent, for the end is near' warning is entirely appropriate." --Ted Van Dyk, The Washington Post

"Running on Empty far exceeds the sum of its statistics and predictions. For Peterson's book poses a central moral question: How much should America spend on the 'past'--benefits for retirees--at the expense of the 'future'--a growing economy for unborn generations?" --The New York Post

About the Author

Peter G. Peterson is the author of Gray Dawn: How the Coming Age Wave Will Transform America -- and the World. He is Chairman of The Blackstone Group and chairman of the Council on Foreign Relations.

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  • PublisherFarrar Straus & Giroux
  • Publication date2004
  • ISBN 10 0374252874
  • ISBN 13 9780374252878
  • BindingHardcover
  • LanguageEnglish
  • Edition number1
  • Number of pages224

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9780312424626: Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do about It

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