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''The New New Deal: The Hidden Story of Change in the Obama Era'' is a 2012 book about the Obama administration and its response to the world financial crisis written by journalist Michael Grunwald. He describes the discussions and debates that led to the government's anti-recession measures such as the American Recovery and Reinvestment Act of 2009 (ARRA). Taking a positive review of the President's efforts, Grunwald defends the economic measures as full of important, long-term investments while charging Republican Party opponents as being hypocritical and self-serving. The book was published by Simon & Schuster on August 14, 2012.〔〔 Grunwald had previously served as a journalist for ''Time'' as well as the author of the 2007 non-fiction work ''The Swamp: The Everglades, Florida, and the Politics of Paradise''. The title of his new book intentionally refers back to the 'New Deal' policies of President Franklin D. Roosevelt, a matter also much discussed in the book itself.〔 Supportive reviews ran in publications such as ''Bloomberg View'',〔 ''The Economist'',〔 and ''Kirkus Reviews'',〔 while negative reviews appeared in publications such as Reason.com and ''City Journal''.〔〔 ==Contents== Grunwald describes the goals of the Obama administration as finding a "direction, not a destination." Thus, he details the debates and discussions behind anti-recession measures as about "metamorphosis" as well as fiscal stimulus. President Obama took office in January 2009, Grunwald writes, and enacted a "down payment on long-term goals" in the short political time space that Obama had, using Obama's "one shot to spend boatloads of money pursuing his vision." As Grunwald states, the American Recovery and Reinvestment Act of 2009 (ARRA) took shape based on a conscious desire to recreate the public works projects undertaken by President Franklin D. Roosevelt.〔 In addition, he writes about how Obama, in a particular contrast to Roosevelt, actively participated in the transition between his team and the George W. Bush administration. The new President, as he details, publicly supported the past Troubled Asset Relief Program as well as measures to assist the beleaguered U.S. auto industry. Grunwald also notes Obama’s choice of Rahm Emanuel as White House Chief of Staff as a prime example of Obama's effort to create a revamped version of Bill Clinton's insider policy team, with their Keynesian macro-economic view represented.〔 Grunwald details how one administration adviser described the process as "()omeone would make a single phone call, and suddenly it’s, 'All righty. Put a billion dollars over there'." Grunwald negatively portrays the objections of Republicans to the government spending increases as seizing an opportunity to oppose the new President.〔 He argues that they opposed even things that they supposedly called for in the past, such as tax cuts, by refusing to co-operate at all, with Grunwald charging that Republicans knew they could portray themselves positively on the side of fiscal restraint should the economy falter further.〔 Ultimately, Grunwald accounts how Obama's $787 billion stimulus package amounted to about 4% of America’s GDP while, during the Great Depression, the biggest stimulus in any year amounted to just about 1.5% of GDP. The President's early, pre-inauguration plan, at $300 billion, increased given the particularly frustrating unemployment situation. Early 2009 data had presented losses of around 800,000 a month.〔 He writes that critics of ARRA correctly view it as using economic tools to alter American society, implementing particular school reforms, measures supporting low-carbon energy, health care regulations, and the like all in ways that shift more control to the executive branch and away from state and local governments. He quotes economist Larry Summers' observation that governments inherently make bad venture capitalists. However, Grunwald defends this overlying Obama policy as a set of bold investments, especially in regards to spending on untested new technologies, that will set up large future gains.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「The New New Deal」の詳細全文を読む スポンサード リンク
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