John Stossel: Politicians Fiddle While Fiscal Crisis Looms

Imagine this family budget: Last year, you earned $24,700. But you spent $37,900, incurring $13,300 in debt, and you were already $153,500 in debt. So you say, "I promise I'll spend $300 less this year!" Anyone can see that your cutback is pathetic and that you need to spend much less. Yet if you add eight zeroes, that's America's budget. The president says ... MORE