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 ?????
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 ...... Raise the ceilings, or pump out the poop? Your choice is coming Nov. 2012. |
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This is a brilliant way to put this in perspective.How come teachers havent come up with this?
ReplyDeletelove this analogy
ReplyDeletePump the poop out of the White House in November!
ReplyDeleteThis should be posted on large board in the House of Delegates, the Senate and the White House, but it may not be enough, since they like to pass documents before reading them.
ReplyDelete