In fact, according to a recent study by PFEEF (The Personal FinanceEmployee Education Foundation, Inc.), focusing on dealing with personal financial problems can add up to more than 20 hours a month per employee.
In an era when many of our largest states are drowning in long-term debt incurred to finance spending on everything from lavish public employee pensions to privately-owned stadium construction, the last thing the federal government should be doing is encouraging even more borrowing at the state and local level.