Where Does the Money Go?: Your Guided Tour to the Federal Budget Crisis

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Where Does the Money Go?: Your Guided Tour to the Federal Budget Crisis
by Scott Bittle, Jean Johnson
from Collins Business

Customer Reviews:

• Avg. Customer Rating: 4.0 / 5.0

• THE Book on Understanding U.S. Financial Health
  This book is a great place to start for learning about the long-term crisis the federal government is facing. It is entertaining, with a great narrative style, some fun stories, and tons of informative graphs. Further, it is thoroughly researched, with helpful citations addressing the critical arguments our nation's leaders will face as they try to solve this. It is scrupulously non-partisan and fact-based, a real breath of fresh air. This is THE book to start with. It dovetails nicely with the new movie,... more info

• the awful truth
  The awful truth is that we have been fooling ourselves and we have let ourselves be fooled, both voters and politicians themselves. Fooled ourselves into thinking that the finances of the United States are just fine.
  This book tells us what a financial disaster awaits us the next few decades. The worst thing is, apparently it is not even a major theme in the current presidential election, because we have picked presidential candidates that are not strong in economics. Another four years from now, we... more info

• MUST READING FOR 2008! A very good introduction and overview
  This book makes these very complex topics easy reading. As other reviewers here mention, the book spends a disproportionate amount of time on SS and Medicare, and almost no time on Defense. (My guess is because this a bi-partisan effort, and people on opposite sides of the fence tend to disagree strongly in the area of defense.) Regardless, this is a wonderful book and helped me to better understand how a lot of this stuff works. I especially enjoyed the chapter on "pork" spending -- and how it amounts to... more info

• A sobering account of America's finances
  Even as a CPA, I had never really thought about what the country's national debt (over $9 trillion and climbing) meant to me and future generations.
  You don't have to be a CPA to get something out of this book; it is written in a manner that provides nice summaries of complicated issues. Even better, it provides references so you can learn more. The book is balanced and does not appear to have a political slant.
  As increasing Federal deficits affect every American, I can't recommend this book... more info

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