Tuesday, January 26, 2010

Debt

SEARCH BLOG: ECONOMY

The Forbes magazine came the other day with a special report on debt... yours, mine, everyone's.... You need to take time to read this.

It's not a pretty picture and the current Administration and Congress are simply creating a greater potential for debt disaster.

When you spend more than you make, there is only one result... and it isn't good. When states spend more than they receive in taxes, the result isn't good. When the Federal Government spends more than it receives in taxes, we call it "stimulating the economy."


2012 IS GETTING CLOSER

..