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.”