INFOGRAPHICS
The total debt of the U.S. government has increased from $5.7 trillion to $33.1 trillion over the past 22 years and keeps growing. The U.S. Treasury explains: “Simply put, the national debt is similar to a person using a credit card for purchases and not paying off the full balance each month. The cost of purchases exceeding the amount paid off represents a deficit, while accumulated deficits over time represents a person’s overall debt.” It fails to add that an average person is not allowed to print their own money…
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