Friday, December 9, 2016

Confidence Men: Wall Street, Washington and The Education of a President by Ron Suskind

Confidence Men: Wall Street, Washington, and the Education of a PresidentConfidence Men: Wall Street, Washington, and the Education of a President by Ron Suskind
My rating: 5 of 5 stars

This book is another view of the financial crisis and how the newly elected Obama administration handled it. Based on Suskind's findings, they did not handle it very well. Too many egos, too much political infighting and a lack of leadership from the President stymied progress on financial and economic fronts. This book basically covered events from 2008 – 2010 so given the economic recovery Obama and his administration must've gotten their act together. Pres. Obama is shown as a very smart man who grasped quickly the implications and effects of the economic turn down. Unfortunately the team and cabinet he assembled were not able to work together and develop a comprehensive economic plan to address the nation's woes, particularly unemployment.

This book is 482 pages but if you are a political junkie like me, you'll find it an interesting read.


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