Here are two disturbing items from the April 2006 “Harper’s Index”:

1.  Amount by which Americans’ total spending last year exceeded their earnings: 

$41,600,000,000.

2.  Last year in which spending outstripped earnings:  1933.

Then again, the citizens aren’t doing anything different than their ruling political party.

For some startling graphics relating to the rising national debt, see here, here and here.

This entry was posted on Sunday, April 9th, 2006 at 12:52 am and is filed under Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.