Posted by: conservativecritic | September 13, 2012

BUDGET LESSON…

This rather brilliantly cuts thru all the political doublespeak we get.

It puts it 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:

 

* 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?

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