US debt situation Archives - munKNEE.com
Wednesday , 28 October 2020

Tag Archives: US debt situation

Economics of Gov’t Are No Different Than Those of Typical American Family – Here’s Why (Almost 2K Views)

If Congress does not raise the debt ceiling, the result will be no different than the Jones family deciding that they have maxed out their credit cards and that, if they continue borrowing and spending over their means, there will be significant pain to the family at best and bankruptcy at worst. Any attempt to prove otherwise is futile because it's just not true! [To further make his point the author provides below 7 other examples of why the economics of government are no different than those of the typical American household.] Words: 585

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