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@antonydavies·6.1K subscribers·805 videos
What If the National Debt Were Your Debt?
Posted
March 26, 2012
Views
105,473
Likes
1,736
Comments
378
Engagement
2.00%
March 26, 2012
105,473
1,736
378
2.00%
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2:13Now PlayingThe U.S. federal government collected $2.2 trillion and spent $3.8 trillion in 2011. At the same time, it was $14.6 trillion in debt. These numbers are too big to comprehend, so what if we scale it down to an average household's income level? If you spent the way the government does, you might be contemplating bankruptcy. What should be done to ensure the government gets its fiscal house in order before it becomes impossible to pay the bills?
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