Monday, August 20, 2012

Advice for November

A friend sent this to me, it puts the federal budget in a much better perspective.  This rather brilliantly cuts thru all the political doublespeak we get.  You will enjoy this.
 
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

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 ......

Raise the ceilings, or pump out the crap?

Your choice is coming Nov. 2012.
 
Bob Hickey

1 comment:

  1. As bad as all of that is, it's actually much worse. If you go on the net to look up 'unfunded liabilities,' you'll see a variety of numbers, but the most realistic one is probably 100 trillion dollars. Can you say austerity? Sure, I knew that you could. This member of the ORIGINAL and ONLY GENUINE Tea Party (the Libertarian Party) could give you the blue prints on how to save your country, but it just turned midnight here in west Tex and I'm getting sleepy. I'll save my country some other time, promise. If you go to Mitt's site, some of those things sound kinda feasible, and a lot sounds like he's continuing to give away the candy store. My highly-advanced brain is screaming for rest. Late.
    The Masked Blogger

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