If everyone spent like the government. From heritage.org. What if Families Handled Finances Like the Federal Government Does'? In 201 o, median family income wa If everyone spent like the government From heritage org What if Families Handled Finances Like Federal Government Does'? In 201 o median family income wa
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If everyone spent like the government

What if Families Handled Finances Like the
Federal Government Does'?
In 201 o, median family income was , It a typical family followed the federal governments lead, it
would spend , 319 and put 30 cents of every dollar spent on a credit card. This family would have racked
up , in credit card deathlike a mortgage, only without the house. What credit card company would
continue lending money to this family?
DJ STED DD LIARS [EHW 21
If a typical
family spent like
the government,
it would spend i
equivalent to
A.. even though T'
it had only i
5 trillion)...
which would
leave it with a
deficit of "ararat.
959
billion). I
I II
II II-
That a:
borrowing to pay
tbr itshould be a III -
part Mite
gdfg family
trillion).
Sources: Congressional Budget ( and US. Census Bureau.
...
+17
Views: 1997 Submitted: 09/22/2012