Go to: => TOP PageWhat's New?;   ROAD MAP;   Contact Us;   Search Page;   Emmaus Ministries Page


The Budget-Cut Farce

[COMMENT:    Needs no explanation...    E. Fox] 

 

I love it when complex things are simplified so that we can all understand.



Can you imagine running a country using these numbers?

United States 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 cut: $ 38,500,000,000

 

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 credit card: $142,710

Total budget cuts: $385

 

REALLY BRINGS THE ISSUE HOME, DOESNíT IT?

* * * * * * * * * * * * * * * *

Go to: => TOP Page;   Economics;   ROAD MAP

Date Posted - 11/22/2011   -   Date Last Edited - 07/07/2012