Living Beyond Your Income

We have all seen obscenely rich Hollywood types get in deep financial trouble when they continue to spend the way they did when they were making their biggest incomes. The United States is likewise living on past glory. America spends more per capita than any other nation. The U.S.A. is spending 36% more than it makes, borrowing to make up the difference. The Tea Party crazies are right to make a fuss.

~ Roedy (1948-02-04 age:70)