The education of an American dreamer

Read about the book in an article in the NY Times: Mr. Peterson’s epiphany about the debt came, aptly enough, while he was looking for a house in the Hamptons. It was 1981, and he recounts making a deal with the seller who ran the Women’s Economic Round Table: she would accept his offer on the house if he would give an address about Ronald Reagan’s budget to her group. He started researching, and “what I found astonished me,” he wrote in his autobiography, “The Education of an American Dreamer”: unbridled government spending, unbridled federal tax cuts and no attention to “the elephants in the room” — Social Security and Medicare.