LOOSENING THE BONDS.

Focuses on the impact of debt on the U.S. economy. Debts incurred by the government under the administration of U.S. President Ronald Reagan; Impact of the national debt on the performance of the government; Shift of the burden of taxes from capital to labor; Predictions on the federal deficit; Increase in the share of personal income claimed by interest payments; Fall in the share of income that comes from wages and salary by five percent.