Indebted America explores the manner in which debt has played in the development of the United States of America and the ways that indebtedness continues to hinder-and often perplex-the nation and its citizens.
The first portion of the study focuses on indentured servitude, the origin of bankruptcy legislation, and the problems American leaders and well-known personalities had with debt. The latter section delves into the problems that both the United States as well as its individual citizens have had in managing finances.
Indebted America is a well-researched, fully documented examination of fiscal responsibility as well as those instances where prudent borrowing is necessary.
