000			01500nam a2200253 i 4500
003			MIUC
005			20190618145306.0
008			150622s2012 nyu||||| |||| 001 | eng d
020			_a9780307947642
040			_aMIUC _beng _cMIUC
082	0		_a336
100	1		_91939 _aJohnson, Simon, _d1963-
245	1	0	_aWhite House burning : _bour national debt and why it matters to you / _cSimon Johnson and James Kwak.
250			_aFirst Vintage Books Edition.
260			_aNew York : _bVintage Books, _c2012.
500			_aIncludes index.
505	0		_a1. 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?
520			_aThis 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.
650		0	_91940 _aDebts, Public _zUnited States
650		0	_91941 _aGovernment spending policy _zUnited States
650		0	_91942 _aBudget deficits _zUnited States
700	1		_4aut _91943 _aKwak, James
942			_2ddc _cBK