Skip to comments.Americans donate $8 million to cut national debt
Posted on 11/21/2012 6:59:48 AM PST by SoFloFreeper
The debate about the national debt has already paid off: Individual Americans pitched in nearly $8 million of their own money to help reduce it in fiscal 2012. That's more than double the total from the year before...
But even this year's hefty total of $7.7 million is barely a drop in the bucket. That sum represents just 0.000007% of the approximately $1.1 trillion deficit the U.S. ran in the latest fiscal year.
(Excerpt) Read more at money.cnn.com ...
That will almost pay for a Moochelle vacation.
The rest of us pitch in at least 35% every paycheck.....
Until our gubmit overlords stop running up the debt with huge, historic deficits, this silliness is obviously a waste of money. But hey, for libtards it's all about what feels good at the moment. They probably think they're helping their man-god Obamaclaus so he can keep the free stuff rolling in.
Donated 8 million towards the national debt? Why?
There are 365 days in a year, 24 hours in a day, and 60 minutes in an hour. That adds up to a total of 525,600 minutes. Divide that figure into the $3.6 trillion in FY2010 spending and you find that the federal government spends about $6.85 million per minute.
That’s right - the government spends, on average, nearly $7 million every minute. That means the cost-cutting measure yesterday only saved taxpayers enough to cover about five minutes worth of spending - less time than it takes to hold the average congressional vote.
THE MONEY THESE NAIVE FOLKS DONATED GETS *WASTED* BEFORE THEY EVEN FINISH PEEING IN THE BATHROOM.
Indeed. They could have thrwon every dime spent in every election this year and it wouldn’t have made much of a dent.
HA, Guess those business cards I’ve been handing out worked! LOL
Every time some smug liberal, in person or online, says they should pay more - I say “You Can!” and give them the info...
Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782
HA - Idiots indeed :)
This is an insignificant and virtually meaningless amount, exept to CNN which wants to use it for propaganda purposes. In most government agencies $7M is not even petty cash. This would be the equivalent of one, very minor government contract. Nobody would even notice it.
And the Democrats stuck it in their pockets.
Of course the names at the top of the list of “givers” include Buffet, Gates, Turner, Moore, Z (as in Jay Z), etc....
Goody for them. What a waste of money.
Please, give till it hurts! (in my best Sally Struthers voice)
Let’s get past the millions and trillions and put this in perspective. Let’s say your brother-in-law owes $10,000 and you say you want to help. You reach into you pocket and hand him a penney. Proportionally, you have been TWICE as much help as these nimrods.
Probably just some poor old widows who got scammed.