I don’t recall where I got this or I would give credit. The point is: This is a simplified comparison to a household budget. Scary, but something to think about.
When we listen to the liberal talking heads, they spout billions and trillions like those numbers are only —- well numbers. So, lets break them down and compare that to an operating household budget like we all have to deal with.
Complex things 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 — This is 6.57 times of one years income!
• Total budget cuts: $385
How long do you think your household could function like this?
Federal Spending is the problem!
6 Comments
Yep. Add to that how easy it is to walk away from debt and just not pay a dime. The system’s broken and there is no easy fix.
Sad, but true. The system is busted up real bad. Intensive care bad.
I’d like a manual on how to walk away from my debts please. Apparently I’m doing it wrong. Fuck.
I know a guy who can provide you with “new papers”, and you won’t have to go into the witness protection program. He’s high dollar though.
Yeah…showed this to the kids, and Little One asked, “Why not stop spending money you don’t have?”
Shit, a 12 year old gets it, why can’t the government??
/rhetorical
Good point…smart kid.