White House Burning - The Founding Fathers, Our National Debt, and Why It Matters to You-logo

White House Burning - The Founding Fathers, Our National Debt, and Why It Matters to You

Simon Johnson

America is mired in debt-more than $30,000 for every man, woman, and child. Bitter fighting over deficits, taxes, and spending bedevils Washington, D.C., even as partisan gridlock has brought the government to the brink of default. Yet the more politicians on both sides of the aisle rant and the citizenry fumes, the more things seem to remain the same. In White House Burning, Simon Johnson and James Kwak-authors of the national best seller 13 Bankers and cofounders of The Baseline Scenario, a widely cited blog on economics and public policy-demystify the national debt, explaining whence it came and, even more important, what it means to you and to future generations. They tell the story of the Founding Fathers' divisive struggles over taxes and spending. They chart the rise of the almighty dollar, which makes it easy for the United States to borrow money. They account for the debasement of our political system in the 1980s and 1990s, which produced today's dysfunctional and impotent Congress. And they show how, if we persist on our current course, the national debt will harm ordinary Americans by reducing the number of jobs, lowering living standards, increasing inequality, and forcing a sudden and drastic reduction in the government services we now take for granted. But Johnson and Kwak also provide a clear and compelling vision for how our debt crisis can be solved while strengthening our economy and preserving the essential functions of government. They debunk the myth that such crucial programs as Social Security and Medicare must be slashed to the bone. White House Burning looks squarely at the burgeoning national debt and proposes to defuse its threat to our well-being without forcing struggling middle-class families and the elderly into poverty. Carefully researched and informed by the same compelling storytelling and lucid analysis as 13 Bankers, White House Burning is an invaluable guide to the central political and economic issue of our time. It is certain to provoke vigorous debate.

America is mired in debt-more than $30,000 for every man, woman, and child. Bitter fighting over deficits, taxes, and spending bedevils Washington, D.C., even as partisan gridlock has brought the government to the brink of default. Yet the more politicians on both sides of the aisle rant and the citizenry fumes, the more things seem to remain the same. In White House Burning, Simon Johnson and James Kwak-authors of the national best seller 13 Bankers and cofounders of The Baseline Scenario, a widely cited blog on economics and public policy-demystify the national debt, explaining whence it came and, even more important, what it means to you and to future generations. They tell the story of the Founding Fathers' divisive struggles over taxes and spending. They chart the rise of the almighty dollar, which makes it easy for the United States to borrow money. They account for the debasement of our political system in the 1980s and 1990s, which produced today's dysfunctional and impotent Congress. And they show how, if we persist on our current course, the national debt will harm ordinary Americans by reducing the number of jobs, lowering living standards, increasing inequality, and forcing a sudden and drastic reduction in the government services we now take for granted. But Johnson and Kwak also provide a clear and compelling vision for how our debt crisis can be solved while strengthening our economy and preserving the essential functions of government. They debunk the myth that such crucial programs as Social Security and Medicare must be slashed to the bone. White House Burning looks squarely at the burgeoning national debt and proposes to defuse its threat to our well-being without forcing struggling middle-class families and the elderly into poverty. Carefully researched and informed by the same compelling storytelling and lucid analysis as 13 Bankers, White House Burning is an invaluable guide to the central political and economic issue of our time. It is certain to provoke vigorous debate.
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Description:

America is mired in debt-more than $30,000 for every man, woman, and child. Bitter fighting over deficits, taxes, and spending bedevils Washington, D.C., even as partisan gridlock has brought the government to the brink of default. Yet the more politicians on both sides of the aisle rant and the citizenry fumes, the more things seem to remain the same. In White House Burning, Simon Johnson and James Kwak-authors of the national best seller 13 Bankers and cofounders of The Baseline Scenario, a widely cited blog on economics and public policy-demystify the national debt, explaining whence it came and, even more important, what it means to you and to future generations. They tell the story of the Founding Fathers' divisive struggles over taxes and spending. They chart the rise of the almighty dollar, which makes it easy for the United States to borrow money. They account for the debasement of our political system in the 1980s and 1990s, which produced today's dysfunctional and impotent Congress. And they show how, if we persist on our current course, the national debt will harm ordinary Americans by reducing the number of jobs, lowering living standards, increasing inequality, and forcing a sudden and drastic reduction in the government services we now take for granted. But Johnson and Kwak also provide a clear and compelling vision for how our debt crisis can be solved while strengthening our economy and preserving the essential functions of government. They debunk the myth that such crucial programs as Social Security and Medicare must be slashed to the bone. White House Burning looks squarely at the burgeoning national debt and proposes to defuse its threat to our well-being without forcing struggling middle-class families and the elderly into poverty. Carefully researched and informed by the same compelling storytelling and lucid analysis as 13 Bankers, White House Burning is an invaluable guide to the central political and economic issue of our time. It is certain to provoke vigorous debate.

Language:

English

Narrators:

James Kwak, Nicholas Hormann

Length:

10h 3m


Chapters

Chapter 1
Chapter 1

00:20


Chapter 2
Chapter 2

07:12


Chapter 3
Chapter 3

03:51


Chapter 4
Chapter 4

05:05


Chapter 5
Chapter 5

07:28


Chapter 6
Chapter 6

04:08


Chapter 7
Chapter 7

08:25


Chapter 8
Chapter 8

09:29


Chapter 9
Chapter 9

04:07


Chapter 10
Chapter 10

06:44


Chapter 11
Chapter 11

07:48


Chapter 12
Chapter 12

05:28


Chapter 13
Chapter 13

07:25


Chapter 14
Chapter 14

03:05


Chapter 15
Chapter 15

05:41


Chapter 16
Chapter 16

06:34


Chapter 17
Chapter 17

07:31


Chapter 18
Chapter 18

05:16


Chapter 19
Chapter 19

04:38


Chapter 20
Chapter 20

07:08


Chapter 21
Chapter 21

07:00


Chapter 22
Chapter 22

07:26


Chapter 23
Chapter 23

07:03


Chapter 24
Chapter 24

06:02


Chapter 25
Chapter 25

09:53


Chapter 26
Chapter 26

03:20


Chapter 27
Chapter 27

09:30


Chapter 28
Chapter 28

04:32


Chapter 29
Chapter 29

05:17


Chapter 30
Chapter 30

06:52


Chapter 31
Chapter 31

08:44


Chapter 32
Chapter 32

08:03


Chapter 33
Chapter 33

08:01


Chapter 34
Chapter 34

08:05


Chapter 35
Chapter 35

08:33


Chapter 36
Chapter 36

05:58


Chapter 37
Chapter 37

03:34


Chapter 38
Chapter 38

08:38


Chapter 39
Chapter 39

03:57


Chapter 40
Chapter 40

07:52


Chapter 41
Chapter 41

09:19


Chapter 42
Chapter 42

06:05


Chapter 43
Chapter 43

06:04


Chapter 44
Chapter 44

06:11


Chapter 45
Chapter 45

05:57


Chapter 46
Chapter 46

06:55


Chapter 47
Chapter 47

06:14


Chapter 48
Chapter 48

07:25


Chapter 49
Chapter 49

07:40


Chapter 50
Chapter 50

08:21


Chapter 51
Chapter 51

06:12


Chapter 52
Chapter 52

06:39


Chapter 53
Chapter 53

04:34


Chapter 54
Chapter 54

05:56


Chapter 55
Chapter 55

05:41


Chapter 56
Chapter 56

07:17


Chapter 57
Chapter 57

05:09


Chapter 58
Chapter 58

08:04


Chapter 59
Chapter 59

04:00


Chapter 60
Chapter 60

07:44


Chapter 61
Chapter 61

06:01


Chapter 62
Chapter 62

05:03


Chapter 63
Chapter 63

06:17


Chapter 64
Chapter 64

08:14


Chapter 65
Chapter 65

09:08


Chapter 66
Chapter 66

05:29


Chapter 67
Chapter 67

07:46


Chapter 68
Chapter 68

05:55


Chapter 69
Chapter 69

06:26


Chapter 70
Chapter 70

05:26


Chapter 71
Chapter 71

07:20


Chapter 72
Chapter 72

06:39


Chapter 73
Chapter 73

04:15


Chapter 74
Chapter 74

06:01


Chapter 75
Chapter 75

07:59


Chapter 76
Chapter 76

08:54


Chapter 77
Chapter 77

08:01


Chapter 78
Chapter 78

08:58


Chapter 79
Chapter 79

08:15


Chapter 80
Chapter 80

03:36


Chapter 81
Chapter 81

05:49


Chapter 82
Chapter 82

04:55


Chapter 83
Chapter 83

04:40


Chapter 84
Chapter 84

08:19


Chapter 85
Chapter 85

05:30


Chapter 86
Chapter 86

06:10


Chapter 87
Chapter 87

08:57


Chapter 88
Chapter 88

06:14


Chapter 89
Chapter 89

07:31


Chapter 90
Chapter 90

03:55


Chapter 91
Chapter 91

06:32


Chapter 92
Chapter 92

05:19


Chapter 93
Chapter 93

06:26


Chapter 94
Chapter 94

00:37