Typical Family Mired in Debt, Like the US

Uncle Sam’s talking the talk, but not walking the walk when it comes to the blackhole of debt. It’s not just the highest level of government… the nation is overwhelmed by debtors at the household, municipal, and state levels, as well. Following the federal example, we assume.

Perhaps Congress will eventually step up to the plate, to cut back on spending and develop a tax plan more in line with the nation’s actual fiscal health. If not, maybe this is a pair of kids we are best selling off.

This David Fitzsimmons cartoon came to our attention via his Arizona Daily Star post on the United States of Debt.

The Daily Reckoning