All of us should know that we’d soon be in deep trouble if we personally spent more year after year than we earned.
But “we, the people,” let our elected public officials defy economic reality year after year. We let them tax us too much — but also spend far too much more — adding to our national debt.
Are you aware that the debt is $14.7 trillion — and rising every day?
That’s $47,000-plus per citizen!
That’s $131,000-plus per taxpayer!