What’s propping up the U.S. economy?

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 ^[1], here ^[2] and here ^[3].

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