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White House Burning : The Founding Fathers, Our National Debt, and Why It Matters to You by Simon Johnson, James Kwak, Simon Johnson is a history book available to read on EtoBox.

What is White House Burning : The Founding Fathers, Our National Debt, and Why It Matters to You about?

"America is mired in debt--more than $30,000 for every man, woman, and child. Bitter fighting over deficits, taxes, and spending bedevils Washington, D.C., even as partisan gridlock has brought the government to the brink of default. Yet the more politicians on both sides of the aisle rant and the citizenry fumes, the more things seem to remain the same. In White House Burning, Simon Johnson and James Kwak--authors of the national best seller 13 Bankers and cofounders of The Baseline Scenario, a widely cited blog on economics and public policy--demystify the national debt, explaining whence it came and, even more important, what it means to you and to future generations. They tell the story of the Founding Fathers' divisive struggles over taxes and spending. They chart the rise of the almighty dollar, which makes it easy for the United States to borrow money. They account for the debasement of our political system in the 1980s and 1990s, which produced today's dysfunctional and impotent Congress. And they show how, if we persist on our current course, the national debt will harm ordinary Americans by reducing the number of jobs, lowering living standards, increasing inequality, and

Who reads White House Burning : The Founding Fathers, Our National Debt, and Why It Matters to You?

Author

Simon Johnson, James Kwak, Simon Johnson

Publisher

Random House Digital, Inc.

Published

2012

Language

EN

ISBN

9780307476609

Category

history

Subjects

Political Science, Finance, Economics

Rating

3.91 / 5 (215 ratings)

Updated

2026-03-14