The National Debt (An Impact Book)

Davis, Bertha

ISBN 10: 053110415X ISBN 13: 9780531104156

Publisher: Franklin Watts, 1987

Synopsis

An in-depth analysis of America's national debt crisis probes the political and economic implications of the issue the federal budget-making process, the impact of government borrowing and spending, and the Gramm-Rudman Act

About this title

From School Library Journal:

Grade 10-12 Davis' strung-out, jargon-filled account of the growing national debt will bore most students. Like a good professor, Davis tries to give enough background in basic economics for her readers to grasp the main ideas in their complexity. Unfortunately her style is too abstract for teenage readers, especially in the examples, and she uses too much jargon. Some terms that have only an indirect relationship to the debt are well-defined (e.g., prime rate) while others that have a strong impact (such as monetary policy) are mentioned without explicit definitions. When a critical concept like ``crowding out'' is discussed at length, the definition still remains unclear. Most students, after reading this analysis, will say ``So what?'' But, if readers push through the first half of the book, they'll find in the second half a good account of how Congress and the President have tried to deal with deficit problems. Here Davis engages readers' interest by presenting real people in actual situations and a clear outline of what Gramm-Rudman-Hollings cuts really mean. This part would be useful for college economics majors, but high-school students will be better served by news magazine analysis. Jonathan Betz-Zall, Sno-Isle Regional Library, Lynnwood, Wash.
Copyright 1988 Reed Business Information, Inc.

About this edition

• Publisher: Franklin Watts
• Publication date: 1987
• ISBN 10: 053110415X
• ISBN 13: 9780531104156
• Binding: Library Binding
• Number of pages: 112
• Illustrator: Green Anne Canevari