BUSINESS

National Debt Debates Stretch Back To Revolutionary War

04/06/2012 11:46 am ET

We might think heated debates about the national debt are a relatively new phenomenon, but in fact, they stretch back all the way to the earliest days of the Republic, says economist Simon Johnson. His new book, White House Burning, co-written with James Kwak, traces the history of the national debt from America's earliest days, when the nation started out in dire financial shape.

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