{"product_id":"white-house-burning-our-national-debt-and-why-it-matters-to-you-paperback","title":"White House Burning: Our National Debt and Why It Matters to You - Paperback","description":"\u003cp\u003eby \u003cb\u003eSimon Johnson\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eFrom the authors of the national bestseller \u003ci\u003e13 Bankers\u003c\/i\u003e, a chilling account of America's unprecedented debt crisis: how it came to pass, why it threatens to topple the nation as a superpower, and what needs to be done about it. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eWith bracing clarity, \u003ci\u003eWhite House Burning\u003c\/i\u003e 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. What is unquestionably clear is how recent financial turmoil exacerbated the debt crisis while creating a political climate in which it is even more difficult to solve.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eSimon Johnson\u003c\/b\u003e is the Ronald A. Kurtz Professor of Entrepreneurship at MIT's Sloan School of Management and a senior fellow of the Peterson Institute for International Economics. \u003cb\u003eJames Kwak\u003c\/b\u003e is an Associate Professor at the University of Connecticut School of Law. He previously co-founded Guidewire Software.\u003cbr\u003e\u003ci\u003e \u003c\/i\u003e\u003cbr\u003eVisit them at: http: \/\/baselinescenario.com\/\u003cbr\u003eFollow: http: \/\/twitter.com\/baselinescene\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 384\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.83 x 8 x 5.23 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 12, 2013\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51758623392032,"sku":"9780307947642","price":23.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/0f07f8197cb46cd98feb7167032cd6e0_6cb06a9c-e388-4c95-8048-197efa3714ba.webp?v=1780130804","url":"https:\/\/ebocreations.com\/products\/white-house-burning-our-national-debt-and-why-it-matters-to-you-paperback","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}