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

Extended Audio Sample White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You, by Simon Johnson, James Kwak Click for printable size audiobook cover
4 out of 54 out of 54 out of 54 out of 54 out of 5 4.00 (124 ratings) (rate this audio book) Author: Simon Johnson, James Kwak Narrator: Nicholas Hormann Publisher: Penguin Random House Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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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 Bankersand 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 Burninglooks 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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Listener Opinions

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Ellangland | 2/7/2014

    " A must-read for anyone who wants to speak intelligently about the "Budget Crisis." "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Stephanie | 1/6/2014

    " Everyone should be reading this! There are clear explanations of fiscal and monetary policies and how they have been and will be effected by politics. Historical play by plays of economics and policies by nonpartisan wonks! Yes! "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 by Yalman Onaran | 12/23/2013

    " great thought from two important thinkers about our economic problems "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Daniel Middelburg | 9/1/2013

    " An excellent book that clearly lays out why both parties have it wrong, why the national debt shouldn't be a partisan issue, and a clear solution about what to do about it. "

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