Comeback, by Charles Morris

Charles Morris, a self described liberal, a lawyer, and a former banker, is the author of Comeback: America’s New Economic Boom. He argues in the book that America is about to have an incredible 20-year economic boom. His thoughts have special meaning because he was the first to accurately predict the banking collapse of 2008. I hope he’s right this time too, even though it’s hard for me to cheer on anybody who is both a banker and a lawyer!

Morris argues that the natural gas boom is going to reinvigorate the American economy on a level not seen since the 1950-60’s. He admits there are risks to his prediction and a boom is not a fait accompli. But all the elements of a boom are in place, and he’s optimistic.

Honestly, I’m not sure I’m buying it. I do believe America has a promising future — especially compared to others parts of the world. But I’m not sure “boom” is what I’d predict for the next 20 years. Hopefully I’m wrong.

Read the book yourself and let me know what you think. I’d love to hear back from you on this one.