The National Debt

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 differe...