The US national debt nearly tripled between 1980 and 1988, having financed the illusion of prosperity by borrowing more than #20,000 on behalf of every family of four. Here the author lays out its origins and warns of its impact on individual Americans, as well as the national consequences to be faced as a debtor nation. It also offers a new policy course to stem, and in time partly reverse, the damage.
- ISBN10 0679725695
- ISBN13 9780679725695
- Publish Date 17 December 1989 (first published 12 September 1988)
- Publish Status Active
- Out of Print 18 October 2003
- Publish Country US
- Publisher Random House USA Inc
- Imprint Vintage Books
- Edition Vintage Books ed.
- Format Paperback
- Pages 323
- Language English