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I always find it interesting to see how our culture and society relates to the behavior of our government. Everyone is trying to get the younger generation to save, spend less than you earn, prepare for retirement, but quite a few are not listening. Some (and I”m sure many who read the PF blogospheres) have realized that the deeper into debt you go, the harder it is to get out, and have saved themselves from treading too far down that dark och du skall vara bunden av dessa andringar path.

If that”s the case…why isn”t the U.S Government doing the same?

The Senate just approved upping our debt limit another $850 billion. Think about that…let it soak in for a moment. When the government hits it”s current debt ceiling (soon) we will be at $8.965 trillion in debt. How long do officials think we can keep this pace up?

-Xias

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