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Lesson for the day
Posted: Sep 11, 2012
Federal Budget-BRILLIANTLY EXPLAINED.
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 so far: $3.85
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 so far: $3.85
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.
So what - are
[ In Reply To ..]you saying. On November do we pump out the crap in there and add new crap or do we just keep the same crap? Really not much in the way of choices. I personally don't see either side willing to work together to clean the basement out. Both will keep the crap, just move it around a little in different places.
Leadership might help. Haven't seen any of that in years. - LM
[ In Reply To ..]nm
You can't - lead
[ In Reply To ..]when there are 2 groups of 2-year-olds with different beliefs and neither side will budge.
That's not true, but if it were, he should just go back to Chicago. - What's he even there for?
[ In Reply To ..]nm
You - can't
[ In Reply To ..]a herd of jackasses.
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