Cordiner, Jane2023-05-022023-05-021950-07https://hdl.handle.net/1794/2824067 pagesThe total direct and guaranteed debt of the United States government stands at $256 billion. This large national liability poses problems to which the public expects its elected officials to find adequate answers. Will huge national debt affect adversely the financing of another emergency? Should we increase it to maintain an economy of abundance and full employment? Can we use it as an instrument to regulate and manage the oscillations of the business cycle? If we choose to use it as a tools for regulating prices or employment or both what methods of manipulation would be desirable? These questions are not easily answered by any thoughtful person. Most of the recommendations concerning debt management fall under three general headings.enCreative Commons BY-NC-ND 4.0-USeconomicsorthodox schoolfull employment schoolprice-stabalizing schoolThesis / Dissertation