The New New Deal by Michael Grunwald
The Hidden Story of Change in the Obama Era

95%

19 Critic Reviews

“The New New Deal” is the most interesting book that has been published about the Obama administration. Even Republicans should read it.
-The Economist

Synopsis

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.
 

About Michael Grunwald

See more books from this Author
Michael Grunwald is a Time senior correspondent. He has won the George Polk Award for national reporting, the Worth Bingham Award for investigative reporting, and many other prizes. The Washington Post called his first book, The Swamp, “a brilliant work of research and reportage,” and The New York Times called him “a terrific writer.” He lives in Florida.
 
Published August 14, 2012 by Simon & Schuster. 530 pages
Genres: Business & Economics, History, Political & Social Sciences. Non-fiction
Bestseller Status:
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Peak Rank on Sep 09 2012
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Critic reviews for The New New Deal
All: 19 | Positive: 19 | Negative: 0

Kirkus

Excellent
Jul 01 2012

A pointed, in-the-trenches study whose thrust will be borne out with time.

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Guardian

Excellent
Reviewed by Michael Cohen on Aug 27 2012

Grunwald's book should be required reading for America's undecided voters (as well as everyone else). If you want to know what the best plan for turning around the US economy is, he has it covered.

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NY Times

Excellent
Reviewed by DAVID FIRESTONE on Sep 15 2012

The reputation of the stimulus is meticulously restored from shabby to skillful in Michael Grunwald’s important new book, “The New New Deal.”

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Publishers Weekly

Excellent
Jun 25 2012

...an impressive book about the startling gap between facts and media spin.

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The Economist

Excellent
Aug 18 2012

“The New New Deal” is the most interesting book that has been published about the Obama administration. Even Republicans should read it.

Read Full Review of The New New Deal: The Hidden ... | See more reviews from The Economist

Washington Independent Review of Books

Excellent
Reviewed by Laurence Barrett

Grunwald has produced an important book that appears at a defining moment. Whether serious works like this one can make a difference in a time as polarized as this one is an interesting question.

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The Daily Beast

Excellent
Reviewed by Matthew Zeitlin on Aug 15 2012

The book is not only a comprehensive chronicle of what’s in the bill and what it’s done, but it’s also full of revelations of how the bill was written, passed, and then implemented.

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Slate

Excellent
Reviewed by Matthew Yglesias on Aug 20 2012

... what it really does is give us the first in-depth look at what started happening after ARRA was signed and the congressional reporters moved on to new controversies.

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The Washington Post

Excellent
Reviewed by Simon Johnson on Oct 05 2012

Grunwald offers a balanced discussion that serves as a useful reminder that for most of our history, there has been a symbiotic relationship between private enterprise and government.

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Tampa Bay Times

Excellent
Reviewed by Colette Bancroft on Oct 07 2012

Whatever your political leanings might be, it's always a good idea to step away from the slogans and talking points and try to understand the policies behind them — especially when those policies affect us all.

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Daily Kos

Excellent
Reviewed by wmspringer on Aug 19 2012

...the writing flows easily, there’s a disctinct lack of typos, and every so often the author throws in a funny zinger.

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Seeking Alpha

Excellent
Reviewed by Hazel Henderson on Sep 22 2012

...after reading Grunwald's THE NEW NEW DEAL, I have a deeper understanding of the multiple sources of opposition Obama faced

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Reason Magazine

Excellent
Reviewed by Tim Cavanaugh on Sep 05 2012

Grunwald goes on for nearly half a thousand frequently repetitive pages of text, all explicating a convoluted set of theories.

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LongIslandPress.com

Excellent
Reviewed by Jed Morey on Aug 16 2012

...this book should be required reading for anyone looking to make an informed decision in the voting booth this November.

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Metrowest Daily News

Good
Reviewed by Rick Holmes on Sep 09 2012

...the incumbent’s biggest economic achievement sidelined. “The New New Deal” is a worthy effort to set the record straight.

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NU Political Review

Good
Reviewed by Robert Cohen on Nov 08 2012

While there is a lot of information in the book, it is also presented in an easy to understand manner.

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Home Energy

Good
Reviewed by Jim Gunshinan on Nov 02 2012

...after reading it I know more about the personalities of the decision-makers, both the heroes and the villains.

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The Politic

Good
Reviewed by Aaron Gertler on Nov 01 2012

He details every major suggestion from both parties, discusses the positive and negative impacts of government regulation, and even throws in a laugh-out-loud anecdote every few pages.

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The National Memo

Good
Reviewed by Mark Schmitt on Aug 31 2012

...an acute reminder to every journalist, political writer and political analyst to pay more attention to real stuff of government, which doesn’t happen at either end of Pennsylvania Avenue.

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