Federal and other debt as shares of total debt:
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| Federal (blue) and Non-Federal (red) debt as shares of total debt (thru 1985) |
So always remember and never forget
The problem lies not with the Federal debt,
But everyone else's debt hinders us all
And leaves us like Humpty was after the fall.
2 comments:
Republican Elephants, Democrat Mules
Surveyed the wreckage and gathered their tools.
They found a solution in politic praxis
By lowering that poor egg's payrollish taxes.
Agreement in principle, wonderous thing,
turned out to be rather exasperaing.
For big-ender lil-ender troubles awoke
a dispute over which end of Humpty was broke!
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