Are you living based on a reasonable standard of living? Heck how do we define that?
Can you pay your bills every month on time, do you live using debt?
THERE’S LITTLE difference between the typical American family’s spending habits and that of our federal government—and many state governments as well. We run our government like many Americans run their financial lives, living above our means, seeking instant gratification, saving inadequately, showing little concern for the future, supporting our lifestyle with debt and denying the risks we face.