Record #:

30198

Author(s):

Wenz, H.F.

Abstract:

In 1949, the United States national debt amounted to over $251 billion, but by the end of 1952 it is expected to reach over $275 billion. Government bonds of over $3 billion will also come due in 1952, and cost of federal state and local governments have gone beyond the safety limit of 25 percent of the entire national income.

Source:

We the People of North Carolina (NoCar F 251 W4), Vol. 9 Issue 11, April 1952, p12

Subject(s):

Economic conditions