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Government Budget

letsgetitdone's picture

The Insanity Isn't the Deficit Spending; It's Claiming That the Government's Budget Is Like A Household Budget!

It's a trope with our politicians, including the President, his likely Republican opponent Mitt Romney, and an emerging third party candidate over at Americans Elect and NoLabels, Pete Peterson's long-time Sancho Panza, David Walker. The trope says that the Government is just a family, even though it's a very big one, and that, like any family, it has a “household” budget, called the Government budget. Read below the fold...

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