000			04059cam a2200433 i 4500
001			113908
005			20230410115744.0
008			130219s2013 nyua b 001 0 eng
035			_a17630437
925	0		_aacquire _b2 shelf copies _xpolicy default
942			_2lcc _cbk
010			_a 2012540282
020			_a9780307947642 (pbk.)
040			_aDLC _beng _cDLC _erda _dDLC
042			_apcc
043			_an-us---
050	1	4	_aHJ 8101 _bJ66w 2013
082	0	0	_a336.3
100	1		_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.
264		1	_aNew York : _bVintagea Books, a division of Random House, Inc., _c2013.
300			_a368 pages : _billustrations ; _c21 cm
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
500			_a"With a new epilogue" -- cover.
500			_aPortions of this work orginally appeared in Bloomberg View (March, 2012).
520			_a"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 forcing a sudden and drastic reduction in the government services we now take for granted. But Johnson and Kwak also provide a clear and compelling vision for how our debt crisis can be solved while strengthening our economy and preserving the essential functions of government. They debunk the myth that such crucial programs as Social Security and Medicare must be slashed to the bone. White House Burning looks squarely at the burgeoning national debt and proposes to defuse its threat to our wellbeing without forcing struggling middle-class families and the elderly into poverty. Carefully researched and informed by the same compelling storytelling and lucid analysis as 13 Bankers, White House Burning is an invaluable guide to the central political and economic issue of our time. It is certain to provoke vigorous debate"-- _cProvided by publisher.
520			_a"By the authors of the national bestseller 13 Bankers, a chilling account of America's unprecedented debt crisis: how it came to pass, why it threatens to topple the nation as a superpower if it is not addressed soon, why this might be impossible given the hypocrisy about government deficits prevalent in Washington today--and what is to be done"-- _cProvided by publisher.
504			_aIncludes bibliographical references (pages 255-339) and index.
505	0		_aImmortal credit -- End of gold -- Deficits don't matter -- What does the Federal government do? -- Why worry -- Arguing first principles -- Where do we go from here?.
650		0	_aDebts, Public _zUnited States.
650		0	_aGovernment spending policy _zUnited States.
650		0	_aBudget deficits _zUnited States.
650		4	_aPrimera Jornada de Catalogación.
650		4	_aDéficit fiscal _zEstados Unidos.
700	1		_aKwak, James.
999			_c47376 _d47376