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The New New Deal

The Hidden Story of Change in the Obama Era

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Hardcover published by Simon & Schuster (Simon & Schuster)

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About This Book
In a riveting account based on new documents and interviews with more than 400 sources on both sides of the aisle, award-winning reporter Michael Grunwald reveals the vivid story behind President Obama’s $800 billion stimulus bill, one of the most important and least understood pieces of legislation in the history of the country. Grunwald’s meticulous reporting shows how the stimulus, though reviled on the right and the left, helped prevent a depression while jump-starting the president’s agenda for lasting change. As ambitious and far-reaching as FDR’s New Deal, the Recovery Act is a down payment on the nation’s economic and environmental future, the purest distillation of change in the Obama era.

The stimulus has launched a transition to a clean-energy economy, doubled our renewable power, and financed unprecedented investments in energy efficiency, a smarter grid, electric cars, advanced biofuels, and green manufacturing. It is computerizing America’s pen-and-paper medical system. Its Race to the Top is the boldest education reform in U.S. history. It has put in place the biggest middle-class tax cuts in a generation, the largest research investments ever, and the most extensive infrastructure investments since Eisenhower’s interstate highway system. It includes the largest expansion of antipoverty programs since the Great Society, lifting millions of Americans above the poverty line, reducing homelessness, and modernizing unemployment insurance. Like the first New Deal, Obama’s stimulus has created legacies that last: the world’s largest wind and solar projects, a new battery industry, a fledgling high-speed rail network, and the world’s highest-speed Internet network.

Michael Grunwald goes behind the scenes—sitting in on cabinet meetings, as well as recounting the secret strategy sessions where Republicans devised their resistance to Obama—to show how the stimulus was born, how it fueled a resurgence on the right, and how it is changing America. The New New Deal shatters the conventional Washington narrative and it will redefine the way Obama’s first term is perceived.
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In a riveting account based on new documents and interviews with more than 400 sources on both sides of the aisle, award-winning reporter Michael Grunwald reveals the vivid story behind President Obama’s $800 billion stimulus bill, one of the most important and least understood pieces of legislation in the history of the country. Grunwald’s meticulous reporting shows how the stimulus, though reviled on the right and the left, helped prevent a depression while jump-starting the president’s agenda for lasting change. As ambitious and far-reaching as FDR’s New Deal, the Recovery Act is a down payment on the nation’s economic and environmental future, the purest distillation of change in the Obama era.

The stimulus has launched a transition to a clean-energy economy, doubled our renewable power, and financed unprecedented investments in energy efficiency, a smarter grid, electric cars, advanced biofuels, and green manufacturing. It is computerizing America’s pen-and-paper medical system. Its Race to the Top is the boldest education reform in U.S. history. It has put in place the biggest middle-class tax cuts in a generation, the largest research investments ever, and the most extensive infrastructure investments since Eisenhower’s interstate highway system. It includes the largest expansion of antipoverty programs since the Great Society, lifting millions of Americans above the poverty line, reducing homelessness, and modernizing unemployment insurance. Like the first New Deal, Obama’s stimulus has created legacies that last: the world’s largest wind and solar projects, a new battery industry, a fledgling high-speed rail network, and the world’s highest-speed Internet network.

Michael Grunwald goes behind the scenes—sitting in on cabinet meetings, as well as recounting the secret strategy sessions where Republicans devised their resistance to Obama—to show how the stimulus was born, how it fueled a resurgence on the right, and how it is changing America. The New New Deal shatters the conventional Washington narrative and it will redefine the way Obama’s first term is perceived.
Product Details
Hardcover (528 pages)
Published: August 14, 2012
Publisher: Simon & Schuster
Imprint: Simon & Schuster
ISBN: 9781451642322
Other books byMichael Grunwald
  • The Swamp

    The Swamp
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    The Everglades was once reviled as a liquid wasteland, and Americans dreamed of draining it. Now it is revered as a national treasure, and Americans have launched the largest environmental project in history to try to save it. The Swamp is the stunning story of the destruction and possible resurrection of the Everglades, the saga of man's abuse of nature in southern Florida and his unprecedented efforts to make amends. Michael Grunwald, a prize-winning national reporter for The Washington Post, takes readers on a riveting journey from the Ice Ages to the present, illuminating the natural, social and political history of one of America's most beguiling but least understood patches of land. The Everglades was America's last frontier, a wild country long after the West was won. Grunwald chronicles how a series of visionaries tried to drain and "reclaim" it, and how Mother Nature refused to bend to their will; in the most harrowing tale, a 1928 hurricane drowned 2,500 people in the Everglades. But the Army Corps of Engineers finally tamed the beast with levees and canals, converting half the Everglades into sprawling suburbs and sugar plantations. And though the southern Everglades was preserved as a national park, it soon deteriorated into an ecological mess. The River of Grass stopped flowing, and 90 percent of its wading birds vanished. Now America wants its swamp back. Grunwald shows how a new breed of visionaries transformed Everglades politics, producing the $8 billion rescue plan. That plan is already the blueprint for a new worldwide era of ecosystem restoration. And this book is a cautionary tale for that era. Through gripping narrative and dogged reporting, Grunwald shows how the Everglades is still threatened by the same hubris, greed and well-intentioned folly that led to its decline. Michael Grunwald is a reporter at The Washington Post. He has won the George Polk Award for national reporting, the Worth Bingham Prize for investigative reporting, and many other awards. He lives in Miami with his wife, Cristina Dominguez. Visit his website at www.michaelgrunwald.com.

    The Everglades

    The Everglades
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    Before 1947, when Marjory Stoneman Douglas named the Everglades a "river of grass," most people considered the area worthless. She brought the world's attention to the need to preserve the Everglades. In the Afterword, Michael Grunwald tells us what has happened to them since then. Grunwald points out that in 1947 the government was in the midst of establishing the Everglades National Park and turning loose the Army Corps of Engineers to control floods--both of which seemed like saviors for the Glades. But neither turned out to be the answer. Working from the research he did for his book, The Swamp, Grunwald offers an account of what went wrong and the many attempts to fix it, beginning with Save Our Everglades, which Douglas declared was "not nearly enough." Grunwald then lays out the intricacies (and inanities) of the more recent and ongoing CERP, the hugely expensive Comprehensive Everglades Restoration Plan.

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