Red Ink by David Wessel Picked Up at The University of Hawaii
This semester, Dan Boylan, a prominent political commentator in Hawaii, is assigning Red Ink to the class he teaches at University of Hawaii – West Oahu. To read his article, “Sobering Dose of Economic Reality,” click here.
David Wessel, the Pulitzer-Prize-winning reporter, columnist, and bestselling author of In Fed We Trust, dissects a topic–the federal budget–that is fiercely debated today in the halls of Congress and the media, and yet is misunderstood by the American public.
In a sweeping narrative about the people and the politics behind the budget, Wessel looks at the 2011 fiscal year (which ended September 30) to see where all the money was actually spent, and why the budget process has grown wildly out of control. Through the eyes of key people–Jacob Lew, White House director of the Office of Management and Budget; Douglas Elmendorf, director of the Congressional Budget Office; Blackstone founder and former Commerce Secretary Pete Peterson; and more–Wessel gives readers an inside look at the making of our unsustainable budget.
“David Wessel’s Red Ink is a wise and pithy introduction to the great economic issue of our time.” –N. Gregory Mankiw, professor of Economics, Harvard University
About the Author
DAVID WESSEL is the economics editor of The Wall Street Journal and writes the Capital column, a weekly look at the forces shaping living standards around the world. David has shared two Pulitzer Prizes, one for Boston Globe stories in 1983 on the persistence of racism in Boston and the other for stories in The Wall Street Journal in 2002 on corporate wrongdoing. He appears frequently on National Public Radio and is a regular on PBS’s Washington Week.
Click here to read an excerpt.
Click here to order an examination copy.
Click here for author website.