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2011 Sep 21 from Dennis Schliewe
This is so simple a third grader can understand it. But Politicians can't, so pay attention to who you vote for in the next election:
US TAX REVENUE: $2,170,000,000,000 (TRILLION)
FED BUDGET: $3,820,000,000,000 (TRILLION)
NEW DEBT: $1,650,000,000,000 (TRILLION)
NATIONAL DEBT: $14,271,000,000,000 (TRILLION)
RECENT BUDGET CUT: $38,500,000,000 (BILLION)
Now let's 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
OWED BALANCE ON CREDIT CARD: $142,710
TOTAL BUDGET CUTS: $385
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