02 August 2011
I am not a financial
sort of guy - numbers confuse me - but this recent "deal" really boggles my mind. Let me get it straight: we're spending more than we take in, so we're in serious debt. So the solution is to increase the amount we can borrow and as long as we cut expenses over 10 years to actually match the amount of extra we're going borrow, we're all good??? Is that what they really just did, or am I stupidly missing something? I think we need Dave Ramsey for president.
Posted by William Weedon at 12:38 PM