TY  - BOOK
AU  - Johnson,Simon
AU  - Kwak,James
TI  - White House burning: our national debt and why it matters to you 
SN  - 9780307947642
U1  - 336 
PY  - 2012///
CY  - New York
PB  - Vintage Books
KW  - Debts, Public
KW  - United States
KW  - Government spending policy
KW  - Budget deficits
N1  - Includes index; 1. Immortal credit -- 
2. End of gold -- 
3. Deficits don't matter -- 
4. What does the Federal Government do? -- 
5. Why worry -- 
6. Arguing first principles -- 
7. Where do we go from here?
N2  - This book explains why the national debt matters to your everyday life. Simon Johnson and James Kwak describe how the government has been able to pay off its debt in the past, even after the massive deficits incurred as a result of World War II, and analyze why this is near-impossible today. They closely examine, among other factors, macroeconomic shifts of the 1970s, Reaganism and the rise of conservatism, and demographic changes that led to the growth of major "and extremely popular" social insurance programs
ER  -