The debt is not nearly as scary as you think: government budgets are nothing like family budgets
Graeber, D.
(2011).
The debt is not nearly as scary as you think: government budgets are nothing like family budgets.
New York Daily News,
We have to live within our means. That's what President Obama repeatedly tells us, echoing a point Republicans have been making for years. Like households, governments must husband our resources and balance our budgets, or future generations will surely pay. There's a problem here. The analogy is ridiculous. Government budgets - and the U.S. budget in particular - are absolutely nothing like a household budget.
| Item Type | Article |
|---|---|
| Copyright holders | © 2011 NYDailyNews.com |
| Departments | LSE > Academic Departments > Anthropology |
| Date Deposited | 04 Oct 2013 |
| URI | https://researchonline.lse.ac.uk/id/eprint/53327 |