John Stossel on Getting the Broke Government to Stop Spending


Credit: wallyg / / CC BY-NC-ND

What would you think of a person who earned $24,000 a year but spent $35,000? Suppose on top of that, he was already $170,000 in debt. You'd tell him to get his act together -- stop spending so much or he'd destroy his family, impoverish his kids and wreck their future. Of course, no individual could live so irresponsibly for long. But tack on eight more zeroes to that budget, writes John Stossel, and you have the checkbook for our out-of-control, big-spending federal government.