WATERDOG
Gemini
HDF Silver Supporter
Don't Bother Me, I'm in Havi
MENIFEE, CA
Posts: 10,292
APPD 1.60
Post Rank: 8
ELIMINATOR EAGLE
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Posted: Jan. 26 2012,11:40 am |
Post # 1 |
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This rather bluntly cuts thru all the political doublespeak we get.
It puts it into a much clearer perspective.
Lesson # 1: * U.S. Tax revenue: $2,170,000,000,000 * Fed budget: $3,820,000,000,000 * New debt: $ 1,650,000,000,000 * National debt: $14,271,000,000,000 * Recent budget cuts: $ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
* Annual family income: $21,700 * Money the family spent: $38,200 * New debt on the credit card: $16,500 * Outstanding balance on the credit card: $142,710 * Total budget cuts: $385
Got it?
OK now
Lesson # 2: Here's another way to look at the Debt Ceiling:
Let's say, You come home from work and find there has been a sewer backup in your neighborhood....and your home has sewage all the way up to your ceilings. What do you think you should do ....... Raise the ceilings, or pump out the crap? Your choice is coming Nov. 2012
(copied from RDP)
"Damn you sure know how to fock things up."-GFR
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