re: #89 engineer cat
from hot air
* 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: $ 38,500,000,000Let’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: $38.50
Wow, that really puts in perspective! I mean obviously Government budgeting is far more complex than family income but that’s a great way to present the information in a way that most all of us can relate to.
Also it illustrates how totally out of whack our nations finances are.