Tuesday, December 18, 2007

There is no such thing as fiscal conservatism

“The federal government’s fiscal exposures totaled approximately $53 trillion as of September 30, 2007, up more than $2 trillion from September 30, 2006, and an increase of more than $32 trillion from about $20 trillion as of September 30, 2000,” Walker said. “This translates into a current burden of about $175,000 per American or approximately $455,000 per American household.”

-Comptroller General David M. Walker, head of the Government Accountability Office, via Scott Horton.

Holy shit. That's $175,000 per American. Fuck.

Update: Sweet baby Jesus cookies on Christmas! [h/t Josh]

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