Wednesday, January 18, 2012

The Budget Explained

This is another email I recently received and wanted to share.






This is fantastic....an easy way to see the budget problems of this country so  friends will be able to see that our children and grandchildren will be paying for the debts that were generated in the name of "to create jobs" which never happen...
The budget explained.
I love it when complex things are simplified so that we can all understand.
* 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 which some
politicians are proud about:                           $385

No comments: