Mike Kueber's Blog

November 26, 2012

Sunday Book Review #90 – The Debt Bomb

Filed under: Book reviews — Mike Kueber @ 5:41 am
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More than two years ago, I wrote a book review on No Apology by Mitt Romney.  In the review, I said that Mitt was an across-the-board social conservative, and this disappointed me because, although I was a fiscal conservative, I was a social liberal.  I concluded as follows – “As of today, I am inclined to support Romney because his economic philosophy is so consistent with mine, but I will remain open-minded to other candidates who show more social tolerance.”  This week, I read a book by Tom Coburn, M.D. titled “The Debt Bomb.”  Senator Coburn’s political philosophy is even more simpatico with mine.    

Senator Coburn is a medical doctor from Oklahoma who believes fervently in term limits.  He served three terms in the U.S. House, from 1994 to 2000, and then quit because of his self-declared three-term limit.  In 2004, he was elected to the U.S. Senate and following his re-election in 2010, he declared that he will not run for re-election.  During his service in the Senate, he gained fame for his opposition to earmarks (“the bridge to nowhere”), for endorsing the Simpson-Bowles deal, and for being a part of the Gang of Six.

As the title to his book suggests, Coburn believes, as I do, that the biggest issue facing America is its debt/deficit problem.  In his book, he describes the root of the problem as career politicians who bribe the voters with their own money and the unfortunate reluctance of the U.S. Supreme Court to reign in the expansive federal government. 

Although The Debt Bomb describes an explicit, straightforward means to defuse the debt bomb – including reforming entitlements and taxation, plus replacing ObamaCare – Coburn recognizes that America will not resolve its debt/deficit problem until its underlying culture changes – “The reality is, the debt bomb was built by a culture, and it will be defused by a culture.  As a nation, we have to make a decision to live within our means and embrace a government we can afford, not one we want.”  We will get the government we deserve.

I have no idea if Coburn will offer himself as a candidatein 2016, but as of now, he is my favorite.

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