deltex1
Gold Member
Brilliantly explained..
This puts things into a much better 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:
* A nnual family income: $ 21,700.
* Money the family spent: $ 38,200.
* New debt on the credit card: $ 16,500.
* Outstanding on the credit card: $142,710.
* Total budget cuts so far: $ 385.
Got It ?????
This puts things into a much better 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:
* A nnual family income: $ 21,700.
* Money the family spent: $ 38,200.
* New debt on the credit card: $ 16,500.
* Outstanding on the credit card: $142,710.
* Total budget cuts so far: $ 385.
Got It ?????