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Look at this mess!
Debt Summary:
The Best Summary Ever Why the U.S.was downgraded: • 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? 1. Raise the Ceilings, or 2. Pump out the sewage Your Choice is coming November 2012 for all incumbents.
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Junqueyardjim Christianity, if false, is of no importance, and if true, of infinite importance. The only thing it cannot be is moderately important. C.S. Lewis 1983 Mercedes W123 240D 4 Speed 285,000 on the road with a 617 turbo, beautiful butter yellow, license plate # 83 240D INDIANA 2003 Jaguar Type X, AWD. beautiful, good mileage, Mom's car, but I won't let her drive it! |
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