Thursday, August 27, 2009

The National Debt: It Keeps on Ticking.

Yesterday, I heard an interesting statistic about the current state of our rapidly increasing national debt.

The Heritage Foundation, a non-profit budget watchdog, stated that next year for every $1.00 the United States Government spends, $0.43 with be borrowed money. No other time in this nations history, not even during WW2, has this country spent so much money with borrowed funds.

I ask all of you this simple question, "What would happen to your personal financial situation if you handled your money the same way our Federal Government is?

Please send me your comments.