The mounting government debt–$2.98 trillion in recent bailouts and stimuli alone–is an oppressive anchor around the neck of every American. Currently, every family of 3 is obliged to pay over $118,000 in the next 30 years. That’s a house payment with a variable-rate. In other words, the government has done exactly what helped cause the mess for individuals by borrowing beyond its means at a teaser rate of 0.8 percent.
Why Focus on Government Spending?
Why Focus on Government Spending?
Why Focus on Government Spending?
The mounting government debt–$2.98 trillion in recent bailouts and stimuli alone–is an oppressive anchor around the neck of every American. Currently, every family of 3 is obliged to pay over $118,000 in the next 30 years. That’s a house payment with a variable-rate. In other words, the government has done exactly what helped cause the mess for individuals by borrowing beyond its means at a teaser rate of 0.8 percent.