HolyCoast: Economic Quote of the Day
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Friday, August 05, 2011

Economic Quote of the Day

From Dave Ramsey:
If the US government was a family, they would be making $58,000 a year, they spend $75,000 a year, and have $327,000 in credit card debt. They are currently proposing "big" spending cuts to reduce their spending to $72,000 a year.

These are the actual proportions of the federal budget and debt, reduced to a level that we can understand.
And a bonus quote from Andrew Malcolm of the LA Times:
"Obama is literally still saying 'Yes we can.' But he doesn't say why we haven't"
And a double bonus quote, from Obama:
'THINGS WILL GET BETTER'...
Well, they pretty much have to.

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