USA Looks A Lot Like California

Mish always finds an interesting article to link up.

In this case, one telling about a Congressional Budget Office estimate that public debt could go as high as 750% of GDP and interest payments on it could be as high as 30%, if current policies are continued for one person’s lifetime. Unless we do a bit of slash-and-burn on checks written that our collective ass can’t cash, we’re S.C.R.E.W.E.D.

Hmm? Icky numbers!. Hey look, Can You DUET is on! Don’t you just love that show?

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