saw this posted somewhere else today...seems to fit...unfortunately
The Debt Ceiling Explained:
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
Lets now remove 8 zeros and pretend its 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 ?????
I’ve seen that explanation from Rick Santelli and Dave Ramsey.
Sadly NOTHING I’ve seen today on the MSM has been even slightly critical of Baraq’s disastrous budget.