If It Was Your Money

Posted: Dec 30, 2013 12:01 AM

The Heritage Foundation just might be the best at bringing truth to the age old adage; "A picture is worth a thousand words." They recently published their picks for the "Top Five Charts of 2013" and we have to agree that these charts are illuminating, albeit far from encouraging.

Here's an example and the link above will lead you to the others.

What If a Typical Family Spent Money Like the Federal Government?

While middle-class families are still plagued by a sluggish recovery in the Obama economy, this is what their finances would look like if they spent money like the government—and it’s not a pretty picture. Most families understand that it is unwise to constantly spend excessive amounts compared to what they take in, but the government continues its shopping spree on the taxpayer credit card with seemingly no regard to the stack of bills that has already piled up.