Friday 8 April 2011

102 Words That Speak Volumes

 

If a picture speaks a thousand words, here are 102 of them from a post at Sudden Debt, 'It's Greek To Me," that speaks volumes about our nation's fiscal health (or lack thereof).

The amount of hot air emanating from Washington DC has increased exponentially as politicians are arguing about the size of next year's budget deficit, but no matter what they decide it will be, in a word, monstrous

To illustrate just how bad things are in the good ol' USA fiscally-wise, here's a helpful comparison:

Not fair to compare the US to Greece, you say? Correct, because the figure for Greece is for the general government, i.e. it includes all local and municipal budgets, whereas for the US it involves the federal government only.

Tell me again: why is Greece the poster child for financial mismanagement?


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