July 5, 2013

The Price of Politics by Bob Woodward

Book Review: The Price of Politics

Author: Bob Woodward

At the end of July 2011, days before the United States defaulted on its debt limit, negotiations to pass the annual budget were at a stalemate. "We can't yield," exclaimed Biden.  "This is bullsh*t! We're not bending," cried Obama appointee Jack Lew. Reflecting, Obama said, "It was as intense a period as I've had." "Trying to put Humpty Dumpty back together again would be almost impossible," Boehner (pronounced Bay-ner) warned.

The Price of Politics timelines the steps that the government took to fix the down economy during Obama's first term. A large portion of the book covers the intense budget compromising and negotiating that took place in the summer of 2011. Obama and Boehner were the prolific figures in these negotiations. During the tense budget talks, members of the Republican Congress fought for spending cuts while the Democratic Senate fought for tax increase.

The book gives great insight into the internal workings of the United States Federal Government. And, without stating it outright, it brings to light problems that arise when a third party is thrown into a system that was designed to work as a two party system. The book reads fast and flows well. Woodward has a lot of experience with the politicians and seems to be able to get interesting and raw information from them. I would recommend this book to anybody who is interested in US politics.