Comeback : America's new economic boom
- 1 of 1 copy available at Kirtland Community College.
0 current holds with 1 total copy.
- ISBN: 9781610393362 (pbk.)
- ISBN: 1610393368 (pbk.)
- ISBN: 9781610392273 (ebk.)
- ISBN: 1610392272 (ebk.)
x, 179 pages : illustrations ; 21 cm
- Edition: First edition.
- Publisher: New York : PublicAffairs, 
|Bibliography, etc. Note:|
Includes bibliographical references (pages ... Read More
|Formatted Contents Note:|
The manufacturing/energy nexus. Shale country ; An ... Read More
The author's The Trillion Dollar Meltdown (2008) ... Read More
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|Subject:||Economic forecasting United States
United States Economic conditions 2009-
Energy industries United States
Industrial policy United States
Comeback : America's New Economic Boom
Copyright American Library Association, used with permission.
Morris, a lawyer, former banker, and author of numerous publications including The Trillion Dollar Meltdown (CH, Jan'09, 46-2792), presents a readable and refreshingly cheerful forecast for the US economy. He bases his glowing outlook on recent technological advances in extracting gas and oil from vast shale deposits. Plentiful and inexpensive supplies of those usable hydrocarbons, he avers, will make possible the nation's independence from foreign energy sources, enable a return of manufacturing to the US, and reduce if not reverse the US balance of payments deficit. He sounds cautionary notes, however, on exporting US patrimony abroad and on failing to address environmental concerns. In the second part of the book, Morris examines the need for substantial investment in infrastructure and continued expansion of medical care. Addressing those needs has been hampered by massive government deficits, which he expects will diminish, thanks to plentiful energy and a reinvigorated manufacturing sector. Rising government revenues will enable correcting of many infrastructure deficiencies. The author views medical care as a vibrant sector of the economy offering employment opportunities, technological advances, and not incidentally improved quality of life. Morris concludes this timely book by briefly identifying problems that could undermine his sanguine scenario. Summing Up: Recommended. All readership levels. E. L. Whalen formerly, Clarke College