My friends at The Heritage Foundation put together a short cartoon to help even the fiscally-illiterate understand the looming request to increase the debt limit by somewhere north of $1 trillion (or if you prefer percentages, 7.14%). They did forget to mention this latest increase won’t even last a whole year because the federal government is adding debt to the tune of roughly $1.5 trillion each year.
Of course, they’re a bit Pollyannish in the end for United Estates. We’re more likely to end up like Greece or France, where the “youths” and unions riot over even the smallest of changes made for the countries to survive another couple years.
