Sunday, August 26, 2012

Perspective...but it's so much worse

From Shari Goodman of ACT for AMERICA:

This rather brilliantly cuts thru all the political doublespeak we get.
 

It puts it into a much better perspective.

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
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $3
.85

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 all the sewage?

Your choice is coming Nov. 2012.


From Dick Mcdonald:
It is so much worse than that – we owe and Congress has  made promises that leave each American Household owing over $1,100,000 in the future and that figure grows daily.
 

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