Tuesday, January 25, 2011

Where Does the Money Go?

As I wait for tonight’s State of the Union and think about the role of the economy, the budget, the deficit, and reflect on the vitriol coming from Washington, this book (with accompanying website) was a nice distraction and a breath of fresh air from the coverage I’ve been seeing:

Where Does the Money Go?

From the website:
New 2011 Edition:

The battle over the federal budget is on, and it's not just an inside-the-Beltway argument. The rising national debt -- and what we choose to do about it -- will affect your savings, your retirement, your mortgage, your health care, and your children. How well do you understand the government decisions that will end up coming out of your pocket?

Here is essential information that every American citizen needs—and has the right—to know. This guide to deciphering the jargon of the country's budget problem breaks down into plain English exactly what the fat cats in Washington are arguing about. Where Does the Money Go? lays out the ideas put out from the left, right and center, explores why elected leaders have so far failed to address this issue effectively and explains what you can do to protect your future.

The updated edition includes new sections on:
  • So whose fault is it? President Obama or President Bush?
  • The stimulus and Wall Street bailouts: Did they help or hurt us?
  • Health care reform: Will it bankrupt us, or is it the first step in controlling costs?
We’ll have more this week and next on our thoughts about tonight’s address, but in the meantime, enjoy.

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