I first heard about this book from an eccentric English teacher at school and ever since then it has been sitting on my bookshelf as one of those 'classics' that begs to be read but never is.
After 10 years, it seemed about time to read it. Although some aspects of a now 20 year old publication seem dated (e.g. President George Bush. Snr.), Andrew Ferguson still gets it right in his, now 10 year old introduction in saying that the book is timeless.
In fact, surprisingly many of the problems the USA has now (e.g. Debt and an aging population) weren't just embryonic back then but apparently just as big problems as they are now. And all that has changed in the meantime is the scale of the issues. Where the author talks about how closely watched the President is (to the point that his every word is dissected for hidden meaning), you can see that this is undoubtedly just as true now.
There is also the federal budget, which back then was notoriously unreadable and consisted of one, and only one, copy. It also had a feature called 'off budget' spending, meaning trillions of dollars weren't even counted, let alone analysed. Has this changed? Unlikely.
On top of this, there are a number of other eerily reminiscent features, such as the $500bn bailouts of the Savings & Loans companies, which are echoed by our $700bn bailouts of George W Bush. Then there is pork barrel and special interest spending, which has only increased with time.
In fact, it is fair to say that many of our current trends (e.g. excess spending, lax bank regulations and the failure of 'war on drugs') were obvious even back then.
So although the Cold war and both Bush presidents are now (thankfully) behind us, greed, self interest and the "perenially indignant" still remain. Furthermore, few American commentators have succeeded in replicating O'Rourke's famed Gonzo wit (he is officially the most quoted humourous author in history). Literally every page contained something new, funny or insightful and usually all three.
If, like me, you have this book gathering dust on a shelf, then I recommend you pick it up and read it. It is still as vivid as the day it was written containing valuable insights and essential reading into how little things change with time.
Incidentally, for those that think P.J. O'Rourke is a has-been, do a search for some of his videos as he still makes many valuable contributions to politics, even in his 60's...