[lbo-talk] The debt is not nearly as scary as you think: Government budgets are nothing like family budgets

Dennis Claxton ddclaxton at earthlink.net
Sat Apr 23 01:43:53 PDT 2011

Max Sawicky wrote something like this here years ago. One thing he said has stuck with me but I couldn't find it in the archives.

He said a difference between a household budget and a federal budget is that with a fed budget the kids never leave home. Which I took to mean there's an income stream that never stops.

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