THE GOVERNMENT BORROWS TO SPEND

Click directly on the image to enlarge it:


Interpretation of the above chart:

...[A]s recently as 2007 only 5 cents of every dollar spent by the federal government was borrowed. In just four short years, that number has skyrocketed to 43 cents, about four times the rate we were borrowing in 1980.

Now, what happens to a household budget when it operates on that same principle?