Indebted America

Indebted America explores the manner in which debt has played in the development of the United States of America and the ways that indebtedness continues to hinder-and often perplex-the nation and its citizens.The first portion of the study focuses on indentured servitude, the origin of bankruptcy legislation, and the problems American leaders and well-known personalities had with debt. The latter section delves into the problems that both the United States as well as its individual citizens have had in managing finances.Indebted America is a well-researched, fully documented examination of fiscal responsibility as well as those instances where prudent borrowing is necessary.