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Book Review: ‘SWIFT Act: Swift Action for Permanent Recovery’ by Buck Marshall

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SWIFT Act: Swift Action for Permanent Recovery by Buck Marshall couldn’t have been better timed as I received it in the midst of such a horrible election year. swiftactThe Preface pretty much hooked me through the following statement: “Offshoring is not Trade; Banks are not Factories.”

In the first part of the book, Marshall provides a recounting of what happened with our economy through the course of each presidency. This portion of the book is not only scary it is an eye opener. As a Political Science major, I have always followed the economy in a generalized way, as well as international politics. What Marshall provides in the first portion of his book, is a factual, and chronological map of how the economy evolved from a real value one to a new economy, based on speculation.

In other words, we went from producing goods in the US to importing them. This evolution happened through a series of policies generated to cater to presidential campaigns serving the financial sector. This portion of the book blew my mind, as it put everything into perspective in such a way that I was able to picture the entire process in my head.

In the second part of the book, Marshall introduces the “SWIFT Act,” a plan for permanent recovery of the economy. Marshall presents options for each major problem we are currently experiencing in the new economy. It is here the reader can exercise creativity and personal points of view to generate their own opinion as to whether or not they believe this Act could work. Furthermore, if they agree with the process, the reader can become a part of it by visiting the website and signing the petition.

Overall, I found SWIFT Act: Swift Action for Permanent Recovery by Buck Marshall to be an absolute eye opener. Marshall’s research and ability to present how the new economy evolved, and how it is hurting our nation and the world is impressive. My only comment on the reason I am giving it 4.5 stars out of five is on the formatting of the book. I think that the formatting in the second part book made it a little repetitive, as he had to re-visit each problem to present the proposed solution. Having said that, I hope readers do not let that stop them from reading it to the end. I am happy I did.

I definitely recommend, encourage, and hope that everyone reads and follows up with SWIFT Act: Swift Action for Permanent Recovery by Buck Marshall!

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About Susan Vio

  • Dr Joseph S Maresca

    Infrastructure is the primary way out of this dilemma. There are estimates of $80 trillion or more in infrastructure spending in the coming decades. This spending will be needed to return this country to a superior position in infrastructure like rails, tunnels, bridges, schools, airports etc. Right now, the engineering profession ranks the current infrastructure at about a (C-) grade.

    Beyond infrastructure, the dollar was simply worth more when I grew up in the Truman/Eisenhower/Kennedy years. Back then, rents were about 20% of take home pay. Private schools were cheap-some as low as $5./month tuition. A candy bar was a nickel. A pack of cigarettes was a quarter and everything else was much cheaper. A subway ride was 15 cents. That’s why people saved and accumulated money to purchase houses outright – some paying cash on the spot literally.

    That’s all changed today. Rents are 40-50% of take home pay in some cases. Jobs are more difficult to secure too. When I graduated college, there were 4 good job offers waiting for me. Today’s grads are lucky to secure their first job within 6 months or even a year of graduation. Food is much more expensive too.

    Infrastructure will be a huge boom for wage earners. 3D manufacturing will allow the average person to manufacture things on the spot. I think that the really big difference will come in cheaper housing. Maybe it will be micro-apartments or perhaps zoning variances to allow for more manufactured housing. The next few years will provide us with a clue to the direction our economy moves on the micro-household level.