The National Debt: From FDR (1941) to Clinton (1996)
America's debt-.2 trillion in 1996-is serious business. Although contemporary press coverage hovers over the story of annual budgets and the associated deficits (and rare surpluses), not much attention is given to the overall national debt and even less to the interest spent serving it. "It's like worrying about the five dollars you borrowed last week and ignoring the mortgage you can't afford," says the author. And federal politicians
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