Skip to comments.US debt..in simple terms...
Posted on 05/08/2012 5:35:50 AM PDT by Mich1193
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: $385
Got It ??
Lesson # 2: Another way to look at the Debt Ceiling:
Let's say you come home from work and find theres been a sewer backup in your neighborhood and your house has sewage all the way up to your ceilings. What do you think you should do....
(A) raise the ceilings, or (B) pump out the crap?
Your choice is coming Nov. 2012
Newt may have been able to ‘cut the crap’ but Mittens? LOL
Taking people off Welfare and placing them in Government jobs isn’t working.
The more Government jobs we create the more we will go in the hole. Obamacare will create 4 million new jobs Pelosi says. 156 new agencies, Government agencies and Government jobs. And this damned fool thinks thta is a good thing.
IT ONLY INCREASES OUR DEBT.
16,500 new IRS positions. If that doesn’t turn the light on in your brain, the brain is dead. Of course the IRS positions are to steal taxpayers money for those who don’t pay. WAKE TF up. people.
You make $20 grand a year are spending $36 grand a year and you owe $145 grand.
Now what do you do to solve the problem?
The answer is ugly.
Overall, the world is in financial depression and is overpopulated, chaos rules the streets. No politician is going to be elected that can save us. Only God has the answers and I suspect The Second Coming will soon be upon us.
Fixed it for ya.
We don't have a "pump out the crap" option in this election.
I think Lewis Black explained it best. The American election is a choice between 2 large heavy pails of the diarrhea. Both pails have an unbearable stench and look about them. Whichever pail is chosen will be with you every day for the next for years, from the moment you awaken, it’s in your bedroom, your closet and the shower. It’s in your refrigerator and stove and dishwasher. It’s in your car, your office, the store. It spends time with you breakfast, lunch and dinner. It goes out for drinks, movies, even a walk in the woods. Every day, every hour for the next 4 years. YOUR JOB, as a voter is to choose which of these 2 pails will be less foul and offensive than the other pail 4 years from now.