Jun 13, 2009

The Debt Road Trip

I found the following video a pretty impressive analogy for debt spending in our country over the last century or so. It's well-constructed, but it seems somewhat misleading, and yet I don't have the breadth of knowledge on the subject of governmental spending to be able to talk about it, so I was wondering if anyone out there did have the vocabulary to challenge the video, or else to agree with it. I'm all ears.

Edit: One upside to the economy is that, according to Hale "Bonddad" Stewart of the Huffington Post, "On several fronts this week we saw the news continue to signal that the worst of the recession is probably behind us."

That, at least, is a minor indicator that something good may be going on with our bank- and car-jacked economy, which has been hobbling along for well over nine months now.

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