April 26, 2017

C is for Comeback America by David Walker

unemployment-rate

The national unemployment rate.

Sometimes, I’m a cynic.

For example, I don’t trust that Democrats care as much about the Second Amendment and gun regulation, immigration reform, or gay marriage as they say (heck, I’m not even sure Republicans care as much as they say, either, but that’s another post). I think they’re, largely, cherry picking issues that they can use to pander to various demographic groups and distract from the relatively unexciting business of a slow economy which, by virtue of President Obama’s reelection, they own.  In spite of what political left may argue, little has improved in the economy since the election last year. Unemployment nationally still hovers between 7.9 and 7.7%, economic growth slowed at the end of last year, and personal income is down 2.2% this year.

So why aren’t we talking about economic growth and how to bring about an economic “comeback” for America?

A couple years back, I read an interesting book by David Walker, former Comptroller of the United States. I don’t necessarily agree with everything in it, but I think it can add to the conversation on what needs to be addressed to move our country into a more competitive position than slow growth and stagnant personal incomes.


 

Comeback America

Comeback America: Turning the Country Around and Restoring Fiscal Responsibility by David M. Walker

As the former comptroller general of the United States, Walker knows a little about the fiscal workings of the modern federal government. For fifteen years, he served under both Republican and Democratic presidents, from Reagan to Clinton to the Bushes, and had a unique opportunity to call into question the decisions that have lead to our current fiscal woes. And in Comeback America, he doesn’t hold back.  We are a great country, but we are putting ourselves in a difficult position:

We live in a great and resilient nation. For all of our problems, the United States remains a global superpower and a beacon of liberty for people around the world. We have much to be proud of and thankful for. But I am here to tell you that if we don’t find a way to get spending under control, we will put our nation’s economy and international standing at risk and bequeath to our children a world of severely diminished opportunities.

It’s not too late. But we had better act soon.

After opening the book with describing our current fiscal problems–looking at the America of 2030 if we continue our current trajectory, examining principles from our history, and spelling out the challenges that President Obama faced as he came into office–Walker lays out his recommendations in each major area of federal spending in the succeeding chapters.

Walker skips right over earmarks and discretionary spending, which account for only a very small percentage of our federal budget, and goes right to the heart of  the problem: entitlements, insufficient tax revenues, spending deficits, Defense Department inefficiency, and systemic problems. Each gets a chapter that provides context, history, and recommendations.

Beyond easy accessibility, perhaps the most important reason you should read this book is the lack of partisan taint. His approach, and recommendations, are nonpartisan, pragmatic, and worthy of consideration.  He

David Walker

approaches the problems with one consideration–what is right for America and Americans?

Walker calls for not only the reform of entitlements, review and oversight of inefficiencies in several–large–areas of government, and the reform of the tax code, but also for changes in our very elective processes and to the constitution. It isn’t enough to just change policies–we also need to change the systemic problems with how we got here and make it difficult to get here again.

In the end, Walker makes a compelling case for, in his words, not a “small government or a big government[,]” but an effective government–one that is fiscally responsible, focuses on the future, and looks out for the collective best interest of America and Americans rather than the narrow agendas of various special interests.

As one friend of mine has been known to observe–both parties are glad to spend, as long as it on the program that benefits its constituency. The right will spend on national security, and the left will spend on social programs. Both are spending, just not on the same thing. Indeed, fiscal responsibility is a claim that neither elected major national party can claim–at least not in recent memory or with any measure of integrity.

Despite the current difficulties, exacerbated by the pop of the housing bubble and the subsequent recession, America can “comeback.” Walker’s book is full of great ideas and suggestions to see that that happens. I recommend you pick up a copy soon. You might find yourself asking different questions of your elected representatives than their position on immigration. 


Publius Online is participating in the Blogging from A to Z Challenge, a month long quest to post every day. Each day should match a corresponding letter of the alphabet. Today is C.

About Daniel Burton

Daniel Burton lives in Salt Lake County, Utah, where he practices law by day and everything else by night. You can follow him on his blog PubliusOnline.com where he muses on politics, the law, books and ideas. He is active on social media, Republican politics, and has been named to PoliticIt’s list of the “Top-50 Utah Political Opinion Leaders” on Twitter. You can reach him directly at dan.burton@gmail.com

  • I just wish people would stop pointing the finger at the donkey or the elephant and just fix things. It’s a dangerous world out there and if we don’t get our stuff together, some little fat weasel like Kim Jong Un is gonna lob a nuke onto Waikiki.

    • Daniel B.

      I agree completely, Al…though i’m a little dubious that Kim Jong Un has the technical ability to lob a nuke quite that far. I suspect that most of his saber rattling relates to what North Korea usually means by saber rattling: positioning for negotiations.

      • Agreed. He just sounds like the dopiest of James Bond villains. He makes Dr. Evil look like a Mensa scholar. I pray we’re right.

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