This is the companion blog to the MyGovSpending.com website.





Thursday, July 1, 2010

The Other National Debt

Kevin Williamson of National Review Online has sharpened his pencil toted up the national debt numbers.  He finds "the other national debt" to be 10 times the official $14 trillion.

Why?  Because no one holds government to accounting standards remotely as stringent as those that business uses.  Like so many entities; it can fudge, so it does.

His piece is both entertaining and sobering. Read The Other National Debt.

Or listen to him talk about the article in this radio interview on Mike Rosen's 850 KOA Denver. 

These numbers are starting to sink in.  Let's hope we take action before they sink us.

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