“In 1917, the U.S. federal debt was approximately $5.7 billion. Today is is approximately $31 trillion, which represents a nominal increase of over 5,000-fold in 106 years. Due to constant deficits, the government has to constantly issue new debt to pay off maturing debt.” -Lyn Alden
The business of government might be the most inefficient business model ever. Numbers don’t lie, and the trend is not reversing. Make smarter money moves!