The national debt
(Book)
Author:
Published:
New York : Holt, [1987].
Format:
Book
Edition:
1st ed.
Physical Desc:
ix, 309 pages ; 22 cm
Status:
ASU Main (3rd floor)
HJ8119 .M34 1987
Copies
Location
Call Number
Status
ASU Main (3rd floor)
HJ8119 .M34 1987
On Shelf
Citations
APA Citation (style guide)
Malkin, L. (1987). The national debt. New York, Holt.
Chicago / Turabian - Author Date Citation (style guide)Malkin, Lawrence. 1987. The National Debt. New York, Holt.
Chicago / Turabian - Humanities Citation (style guide)Malkin, Lawrence, The National Debt. New York, Holt, 1987.
MLA Citation (style guide)Malkin, Lawrence. The National Debt. New York, Holt, 1987.
Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
Description
What, exactly, is the National Debt-and to whom do we owe the money-two trillion dollars' worth? That's a pile of one thousand dollar bills 134 miles high, and climbing. Just paying the interest costs is equivalent to the entire federal income tax collected west of the Mississippi. How did we get into such a fix? This book explains why the government, politicians of both parties, and all the rest of us have delayed putting our house in order; how Reaganomics delivered something very different from what it promised; how one devoted but nevertheless unelected public servant, Chairman Paul Volcker of the Federal Reserve Board, has been left to mind the store; how we turned into a net debtor to the rest of the world; how our economic destiny is increasingly determined by foreigners, and how the world's financial system could shiver around us as a result. What are the constraints this unimaginable debt imposes on our society, what is the threat it poses to our political stability, and what does it mean to the individual American-not to mention almost everyone else in the world? Debt is a dilemma that will not go away, despite Washington's attempts to persuade us otherwise. At some point something may snap, and this book suggests when that breaking point might come. Lawrence Malkin, one of our most respected economics journalists, has written an eloquent, witty, fact-filled, and provocative treatise on what is becoming the great dilemma of this decade.
More Details
Language:
English
ISBN:
0805003827
Notes
General Note
Includes index.
Bibliography
Bibliography: pages 277-298.
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Grouped Work ID:
b9d43120-48dc-31de-a658-31bb843f49ef
Record Information
Last Sierra Extract Time | Mar 31, 2024 09:35:29 AM |
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Last File Modification Time | Mar 31, 2024 09:35:51 AM |
Last Grouped Work Modification Time | Mar 31, 2024 09:35:37 AM |
MARC Record
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