“I, however, place economy among the first and most important of republican virtues,
and public debt as the greatest of the dangers to be feared. ”

Thomas Jefferson

understanding the united states debt
For over 120 years, the United States raised money during times of war or financial panics.  Each time, the leaders of the country worked hard to reduce their obligations, wary of passing debts to future generations.  But starting in the early 1900’s, views about debt and the role of the federal government began to change.  Now, 100 years later, America is over $16 trillion in debt.  Americans need to know why we are in such a horrible financial condition and what changes are necessary to become debt free.

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Understanding the United States Debt is available for purchase today in both print and digital form.