This Fortune article places he numbers of the Treasure into perspective:

'The federal finances look like a household budget in freefall.

That household earns $52,446 and spends $73,378 — running a $20,932 annual deficit.

Its total liabilities and unfunded promises amount to $1,361,788 against just $60,554 in assets, leaving it $1.3 million in the hole.

Uncle Sam, by any accounting standard, is insolvent.'

(but let's spend a billion a day on Iran)

#USA #Insolvent #Broke
@blogdiva

@pinhman this problem is universal around the globe.

• #WageWork has more taxes and fees than #CapitalGains aka. #RoboWealth aka. #LabourlessIncome!
  • Yet noone can tell me that #Millionaires & #Millionaires can't get #broke, #sick or even #unemplyable & #incomeless (they are already #unemployed!), so why ain't they mandated to pay their fair share?

Cuz certainly they too can become in need of care…

 im at the point where I wanted to post my paypal #link or am i going nuts  

#help #silentsunday #broke