Archive for August, 2005

Normal is broke. Spending too much money you don’t have? You’re not alone.

You owe $145,000. And the bill is rising every day. That’s how much it would cost every American man, woman and child to pay the tab for the long-term promises the U.S. government has made to creditors, retirees, veterans and the poor.

From Yahoo News/AP: Experts Warn Debt May Threaten Economy