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Politics : The Obama - Clinton Disaster
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To: PJr who wrote (77363)8/21/2012 7:35:55 PM
From: Wayners4 Recommendations  Read Replies (2) of 103300
 
I've heard this story before it goes like this:

* 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: $38.50
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