Clinton writes that the American government faces considerable challenges that it is fundamentally struggling to deal with, problems affecting culture and society as well as the
current economy. He argues that Americans "have to get back in the future business." He specifically blames a mindset articulated by
ideological conservatives and their allies in the modern
Republican Party, particularly those connected to the
Tea Party movement, for emphasizing cutting
government spending and lowering
regulations over what he sees as pragmatic government actions that create
economic growth and prosperity. Rather than having an inherently anti-government mindset that causes Americans to "hog-tie ourselves", Clinton states that they "need a strong, effective private sector and a strong, effective government that work together". He describes various areas such as high-school graduations where the U.S. has fallen behind compared to other countries. Clinton concludes, "Over the last three decades, whenever we’ve given in to blame the government for all our problems, we’ve lost our commitment to shared prosperity, balanced growth, financial responsibility, and investment in the future." He criticizes both American parties for not being up to the task of fighting the
major economic slowdown, though he writes from a lens of clear sympathy for President
Barack Obama and the Congressional
Democrats in the face of Republican opposition. "From 1981 to 2009," he writes, looking back to the economy pre-recession, "the greatest accomplishment of the anti-government Republicans was not to reduce the size of the federal government but to stop paying for it." In terms of specific policies, Clinton advocates changes such as raising the
cap on Social Security taxes, reducing
military-related spending, and reforming the payment system to medical providers in the
Medicare and
Medicaid programs. As well, he discusses fighting loopholes in the
U.S. tax code, citing how
ExxonMobil made $10.7 billion in
profits during the second quarter of 2011 with an effective tax rate of only 17.6% (less than the average tax rate of 20.4% for individual Americans). He broadly writes in support of the viewpoints of the bipartisan
Simpson-Bowles Commission. ==Reviews and response==