In this timely and urgent book, Rohatyn re-creates some of the most
dramatic events in our history to show how strong and imaginative
political leadership built America and demonstrates that such
leadership is essential today to reverse the catastrophic
degeneration of America's infrastructure, bridges, tunnels, roads
and rails, flood levees and gates. Readers of David McCullough and
Stephen Ambrose will revel in his narrative. Although the private
sector has been the mainstay of America's economy, Felix Rohatyn
argues the country could not have grown into its full destiny
without the vision and determination of political leaders who
imagined the future and acted to achieve it.
He begins with the Louisiana Purchase by Thomas Jefferson in
1805, which doubled the size of the country, and the construction
of the Erie Canal in 1817-1825, which opened a water route to the
West. The chartering of the Trans-Continental railroad, the Land
Grant Colleges, and the Homestead Act in 1863, led by Abraham
Lincoln during the Civil War, together opened the continent. The
Panama Canal, which joined the east and West coasts by sea, was
driven by Theodore Roosevelt. FDR's Tennessee Valley Authority
(TVA) and Eisenhower's Interstate Highway program modernized
America, and the GI Bill of rights, which came after World War II,
remains the greatest investment in intellectual capital and housing
in our history.
Rohatyn describes these enterprises as examples of the
imagination and decisive leadership that the country is in
desperate need of, and, in a final chapter, he predicts the
multiple benefits of similarly bold undertakings to secure our
nation's future and offers a blueprint for setting priorities and
financing them.
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