The Federal Government Is Not a Large Household or Business
The Heritage Foundation presents what one hopes it doesn’t believe is a clever critique of US public finances:
Brad Plumer has the inevitable takedown here. This pretty much sums up the inanity of these government-as-household analogies:
“Anyway, it’s a good analogy. The U.S. federal government really does resemble your typical money-printing family that owns lots of tanks, operates a giant insurance conglomerate, can borrow money at extremely low rates, and is assumed to be immortal.”
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I can never understand the ridiculous tendency to compare the government to a household. It makes a little sense as comparing a corporations budget to that of a household.