02/04/2010

Mini-Editorial: The Smart, Frugal Family … and the Foolish, Profligate Family

If Utah state government was a family, it would be a frugal, middle-class family with a modest home and a mortgage being paid off on schedule, no credit card debt, and money being invested in a retirement plan.

If the federal government was a family, it would be a family hurtling toward a financial train wreck, a family paying only interest on a gigantic mortgage on a monster home it can’t afford, borrowing not just for a home and cars, but racking up credit card debt for food, utilities and everyday expenditures. It would be a highly dysfunctional family where members can’t agree on a course to control spending, so debt piles up and bankruptcy looms. ...



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