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News Link • Economy - Economics USA

If the federal budget was a pie, it would look like this. Don't use this recipe in your house!

• The Political Commentator, Michael Haltman
Anyone who is responsible for balancing the checkbook or for the personal finances of their family, learn a valuable lesson from the federal government. The lesson? Exactly how not to do things! Imagine that you earned $40,000 a year and spent $60,000 a year. Where would the money come from to make up the difference? At one time you might have borrowed from the equity in your home, and after that you might ask to borrow it from family and friends. You would of course promise to pay it back at some point in time and might even offer to pay interest on the money.

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