That Used To Be Us – Book Report/Review Example
The paper "That Used To Be Us" is a wonderful example of a management book review. This part of the book emphasizes the fact that excessive spending after the Cold War blinded America to the necessity of addressing the challenges that put its future as a nation at risk. The difficult situation culminated into deficit spending at the end of the 1960s (Friedman & Mandelbaum 169). A significant lesson learned is that Americans need more education, less spending, more savings, wise investments and inclusion of talented immigrants to return to the successful nation it was. The message is that change is the only way to beat the challenges. Workplace policies must be enhanced to achieve the changes.
This section serves as a wake-up call to the entire nation, bringing awareness to the damages the desires of, and actual, rapid development can cause if not guided by sound policies. The section also brought to light that the cost of Medicare and Social Security will go up due to the retirement of 80 million baby boomers. We also learn that the national debt will be $16 trillion by 2016, brought about by spending money the nation did not have. It is also possible that a large number of retirees may set the young against the old since priority might be given to funding retirement at the expense of education grants. Generally, the book is balanced in supporting change-oriented citizens while encouraging those not very public-spirited to think of the nation’s future. That way, America can move in harmony out of the anti-elitist spirit that, if not abolished, could plunge the nation deeper into debt.