Tag: US debt
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“Have an Emergency Fund”, they said.
Why do the sage financial planners have no influence over Washington D.C.? Any financial planner worth their two-cents will tell you to build up an emergency fund, for, well, emergencies. One never knows when a person may lose a job or become ill and can’t work. There are myriad reasons why an astute planner will…
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Record Revenues! Record Debt! Why is $3.25 trillion not enough?
The numbers for fiscal year 2015 for the US Government are staggering. It has collected an all-time record of 3.25 trillion dollars. This is far and away the largest amount any government in history has ever collected from its people. Let’s look at that number again: 3,250,000,000,000 The American people and American corporations are paying…
