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US Debt in a way us common folk understand....

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US Debt in a way us common folk understand....

Post by wwbiteme » Thu Sep 22, 2011 2:06 pm

Below states the USA financial position....
US 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 the 8 zeros and pretend it is 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: $385

Kind of puts into perspective how screwed up the US politicians have made our country!!

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