From here.
Popular personal finance personality Dave Ramsey summed it up eloquently and simply: “If the US Government ?was a family, they would be making $58,000 a year, they spend $75,000 a year and are $327,000 in credit card debt. They are currently proposing big spending cuts to reduce their spending to $72,000 a year.”
Take a moment and let this really sink in. That’s why it’s important that everybody in this country have an informed opinion on this matter, complex as it is.
HT: T19.