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Simon Johnson

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Economy

Debt Struggles As Old As America Itself

Bitter debates about the national debt date back to the earliest days of the Republic, economist Simon Johnson says. Back then, the nation's failure to borrow was the problem. In White House Burning, Johnson and co-author James Kwack explore the meaning of the national debt and prospects for managing it.

An 18th century political cartoon entitled "A New Way to Pay the National Debt."

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