Skip to content

Remove the ZEROES and whaddya get?

by on January 30, 2012

Okay, this is anecdotal but it puts things in perspective

Food for thought…

* 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

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 sewage?

Your choice is coming Nov. 2012…..and many elections after that.

From → Debt, Humor

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: