Sunday, November 16, 2008

Americans Have Always Been In Debt...

President Jefferson passed away with a lot of monetary debt. But the country was indebted to him. The link above guides you to the cultural historian T.J. Jackson Lears (@ Rutgers), as he and/or his graduate students (unmentioned, naturally and understandably) put together an article that thematically traces the history of American debt. Culture for thought, that's all.

1 comment:

My Frontier Thesis said...

...and even though Americans have always been in debt, I kind of would like it if we weren't in so much debt right now.

Is Iraq using their oil money to help with their own reconstruction? Just curious.