Includes bibliographical references (pages 411-490) and index.
Contents
A new nation and Democratic party limit Federal debt: 1789-1853 -- The tradition sustains a growing nation and the Republican party : 1854-1900 -- Progressive reformers embrace the tradition : 1901-1940 -- Containing the burden of World War II debt while increasing commitments : 1941-1976 -- The erosion, revival, and collapse of the tradition : 1977-2013 -- Restoring the tradition.
Summary
Traces two centuries of political leadership to explain how the U.S. is being threatened by unprecedented debt levels, challenging common beliefs and highlighting past examples to argue in favor of leadership that embraces more responsible fiscal decision-making.