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Overview

Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity by Steve Forbes, Elizabeth Ames

Conservative icon Steve Forbes returns with his most powerful and provocative ideas yet

The United States has been through one of the most tumultuous decades in recent history. Polls show people on both sides of the ideological divide believe that the country has gone off track. If something isn’t done quickly, Americans face a bleak future—continuing decline and disarray in a world that grows ever more dangerous.

Steve Forbes, two-time candidate for the GOP presidential nomination and Forbes Media Chairman, explains how today’s malaise has been caused by years of Obama’s destructive policies, a broken tax system, and the Federal Reserve’s Soviet-style controls over credit and money.

The problems are challenging. But Forbes tells us that, with the right policies, the country can bounce back faster than people think. In this compelling and much-needed book, he sets forth a three-part plan to revive America.

Patient-Driven Healthcare: The problem with healthcare, Forbes says, is that Big Government, health insurance companies, and employers are in control, not you, the patient. The key to getting high-quality, affordable healthcare is increasing competition and choice, and putting patients in charge.

Enact a Flat Tax: Today’s complex, corrupt tax code must be scrapped. The best answer is a simple Flat Tax. Forbes shows how this very bold reform would free America from the IRS and unleash an unprecedented wave of prosperity.

A Sound Dollar as Good as Gold: With its ever-fluctuating “fiat” dollar, the Federal Reserve has blocked a real recovery and is the prime cause of today’s stagnant, crisis-ridden economy. The answer? Take the dollar out of the hands of the Washington politicians by returning to a monetary system with the value of the dollar linked to gold.

A clear and vital guide, Reviving America shows how the United States can recover the optimism and entrepreneurial dynamism that made it the greatest nation in history. These are 21st century solutions—not the failed ideas of the recent past. Forbes offers specific ideas and plans, not generalities and bromides, and is challenging policy makers to do the same.

Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.

The company encompasses ForbesLife, Forbes Europe, Forbes Asia and Forbes licensee editions published in over 37 countries. The company also publishes a number of investment newsletters.

Forbes.com reaches nearly 70 million users each month.

The company’s flagship publication, Forbes, is the nation’s leading business magazine, with a circulation of more than 900,000.

A widely respected economic prognosticator, Mr. Forbes is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.

In both 1996 and 2000, Mr. Forbes campaigned vigorously for the Republican nomination for the presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Mr. Forbes continues to energetically promote this agenda.

Mr. Forbes’ book, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It, co-authored by Elizabeth Ames (McGraw-Hill Professional), was published in June 2014 and received the coveted Leonard E. Read Book Award.

His other books include Freedom Manifesto: Why Free Markets are Moral and Big Government Isn’t, co-authored by Elizabeth Ames (Crown Business, August 2012); How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today’s Economy, co-authored by Elizabeth Ames (Crown Business, November 2009); and Power Ambition Glory: The Stunning Parallels between Great Leaders of the Ancient World and Today…and the Lessons You Can Learn, co-authored by John Prevas (Crown Business, June 2009). He also wrote: Flat Tax Revolution: Using a Postcard to Abolish the IRS (Regnery, 2005); and A New Birth of Freedom (Regnery, 1999), a book of bold ideas for the new millennium.

In 1985, President Reagan names Mr. Forbes Chairman of the bi-partisan Board for International Broadcasting (BIB). In this position, he oversaw the operations of Radio Free Europe and Radio Liberty. Broadcasting behind the Iron Curtain, Radio Free Europe and Radio Liberty were praised by Poland’s Lech Walesa as being critical to the struggle against communism. Mr. Forbes was reappointed to his post by President George H. W. Bush and served until 1993.

Steve Forbes was born on July 18, 1947, in Morristown, New Jersey. He received a B.A. in history from Princeton in 1970.

Elizabeth Ames has co-authored three previous books with Steve Forbes: Money: How The Destruction of the Dollar Threatens The Global Economy—And What We Can Do About It; Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t; and the Wall Street Journal bestseller, How Capitalism Will Save Us: Why Free People and Free Markets Are The Best Answer In Today’s Economy.

Product Details

ISBN-13: 9781259641121
Publisher: McGraw-Hill Professional Publishing
Publication date: 12/08/2015
Pages: 224
Sales rank: 642,242
Product dimensions: 6.00(w) x 9.10(h) x 1.00(d)

About the Author

Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.

The company encompasses ForbesLife, Forbes Europe, Forbes Asia and Forbes licensee editions published in over 37 countries. The company also publishes a number of investment newsletters.

Forbes.com reaches nearly 70 million users each month.

The company’s flagship publication, Forbes, is the nation’s leading business magazine, with a circulation of more than 900,000.

A widely respected economic prognosticator, Mr. Forbes is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.

In both 1996 and 2000, Mr. Forbes campaigned vigorously for the Republican nomination for the presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Mr. Forbes continues to energetically promote this agenda.

Mr. Forbes’ book, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It, co-authored by Elizabeth Ames (McGraw-Hill Professional), was published in June 2014 and received the coveted Leonard E. Read Book Award.

His other books include Freedom Manifesto: Why Free Markets are Moral and Big Government Isn’t, co-authored by Elizabeth Ames (Crown Business, August 2012); How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today’s Economy, co-authored by Elizabeth Ames (Crown Business, November 2009); and Power Ambition Glory: The Stunning Parallels between Great Leaders of the Ancient World and Today…and the Lessons You Can Learn, co-authored by John Prevas (Crown Business, June 2009). He also wrote: Flat Tax Revolution: Using a Postcard to Abolish the IRS (Regnery, 2005); and A New Birth of Freedom (Regnery, 1999), a book of bold ideas for the new millennium.

In 1985, President Reagan names Mr. Forbes Chairman of the bi-partisan Board for International Broadcasting (BIB). In this position, he oversaw the operations of Radio Free Europe and Radio Liberty. Broadcasting behind the Iron Curtain, Radio Free Europe and Radio Liberty were praised by Poland’s Lech Walesa as being critical to the struggle against communism. Mr. Forbes was reappointed to his post by President George H. W. Bush and served until 1993.

Steve Forbes was born on July 18, 1947, in Morristown, New Jersey. He received a B.A. in history from Princeton in 1970.

Elizabeth Ames has co-authored three previous books with Steve Forbes: Money: How The Destruction of the Dollar Threatens The Global Economy—And What We Can Do About It; Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t; and the Wall Street Journal bestseller, How Capitalism Will Save Us: Why Free People and Free Markets Are The Best Answer In Today’s Economy.

Table of Contents

Acknowledgments ix

Introduction 1

Part 1 Repeal Obamacare: Lower Costs and Improve Care By Putting Patients And Their Doctors in Charge

Chapter 1 Why Healthcare Today Is Such a Mess 11

Chapter 2 How Obamacare Made the Situation Worse and Not Better 23

Chapter 3 What to Do Now: Steve's Plan for Revolutionizing Healthcare 37

Part 2 Enact A Flat Tax: Revive America By Slaying the Tax Beast

Chapter 4 Why We Need Radical Tax Reform Now 51

Chapter 5 What Is a Flat Tax? 61

Chapter 6 Thriving Under the Flat Tax 71

Chapter 7 Why the Flat Tax Is a Better Alternative than a Consumption Tax 81

Chapter 8 Why Flat Tax Critics Are Flat Out Wrong 93

Part 3 Reform the Fed: No More Soviet-Style Controls Over Money and Credit

Chapter 9 Why Our Current System of Unstable Money Has Been Part of the Problem 107

Chapter 10 What's Wrong with the Federal Reserve and Why It Can't Guide the Economy 119

Chapter 11 The Best Way to Stable Money Is the Gold Standard 133

Chapter 12 How a Gold Standard Would Work 141

Chapter 13 Debunking the Gold Myths 151

Chapter 14 Bringing Back America 161

Notes 167

Recommended Reading 201

Index 203

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Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity 5 out of 5 based on 0 ratings. 2 reviews.
Anonymous More than 1 year ago
After reading this book and really delving into how Steve Forbes plans could completely flip the economy and revive our broken system, I could not help thinking how it is possible that our government has not implemented plans such as the ones in this book. The book has three basic problems it addresses and how Steve Forbes proposes we fix them. The problems of Obama care and overpriced medical treatment, the broken and overly complicated progressive tax system, and lastly the unreliable and unpredictability of the Federal Reserve. The way Forbes explains the problems with Obama care and the third party buyer system with health insurance completely renewed the way I think about medical care. Simply put by Forbes is that we need to change the system to be a free market and buyer and consumer system just as the rest of the economy works, and if we did implement this system not only would customer care increase, but prices overall would plummet. The tax system Forbes proposes is genius and as he explains it, a flat tax really seems to be the most productive, fair, and logical tax system to implement in America. Forbes addresses all the myths associated with the flat tax and debunks them all using historical proof of how flat tax systems have revolutionized other countries economies. The flat tax he proposes would benefit all in America and ironically boost government tax revenue at the same time. Lastly his ideal reform of the fed is explained so well and backed up by so much research that the fact that we are not using a gold standard anymore is beyond me. His reforms would truly stabilize the U.S dollar and help take bureaucracies and politics out of the economy and let business and free market propel the economy into a historical revolution. A fantastic read and will make you rethink many of the ways you think about our economy, government ran programs, and tax systems.
Anonymous More than 1 year ago
After reading this book and really delving into how Steve Forbes plans could completely flip the economy and revive our broken system, I could not help thinking how it is possible that our government has not implemented plans such as the ones in this book. The book has three basic problems it addresses and how Steve Forbes proposes we fix them. The problems of Obama care and overpriced medical treatment, the broken and overly complicated progressive tax system, and lastly the unreliable and unpredictability of the Federal Reserve. The way Forbes explains the problems with Obama care and the third party buyer system with health insurance completely renewed the way I think about medical care. Simply put by Forbes is that we need to change the system to be a free market and buyer and consumer system just as the rest of the economy works, and if we did implement this system not only would customer care increase, but prices overall would plummet. The tax system Forbes proposes is genius and as he explains it, a flat tax really seems to be the most productive, fair, and logical tax system to implement in America. Forbes addresses all the myths associated with the flat tax and debunks them all using historical proof of how flat tax systems have revolutionized other countries economies. The flat tax he proposes would benefit all in America and ironically boost government tax revenue at the same time. Lastly his ideal reform of the fed is explained so well and backed up by so much research that the fact that we are not using a gold standard anymore is beyond me. His reforms would truly stabilize the U.S dollar and help take bureaucracies and politics out of the economy and let business and free market propel the economy into a historical revolution. A fantastic read and will make you rethink many of the ways you think about our economy, government ran programs, and tax systems.