Debt Day

As of Sunday, the federal government is spending more money for this fiscal year's operations than it is taking in. In other words, from now until September 30th, we'll be adding (at least) $9.7 billion to our  debt each day.

That's over over five months out of the fiscal year of spending money we don't have.

Of course, we're told such deficit spending is the key to getting out of a recession. But it's our tax money, and one must wonder whether we'd have gotten more bang for our buck had we been allowed to spend it ourselves.