TITLE

In Defense of U.S. Debt

AUTHOR(S)
Karabell, Zachary
PUB. DATE
March 2010
SOURCE
Time International (South Pacific Edition);3/15/2010, Vol. 175 Issue 10, p27
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
The author opines on management of U.S. debt and the pros and cons of options to do so. The debt-service costs incurred are discussed from a historical perspective and with relation to the gross domestic product (GDP). Contemporary interest rates and their easing of the burden of debt are noted. The author believes that the national debt would be tolerable if the underlying economy were strong.
ACCESSION #
48738002

 

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