Resistance Begins at Ohm!

Sunday, December 4, 2011

Federal budget illustration

. 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 cut: $ 38,500,000,000

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 credit card: $142,710.
. Total budget cuts: $385

Sort of brings the issue "home" doesn't it?

Yahyah, I hear it. "You can't compare the national budget to a family budget. Unexpected things come up and the country has to invest in the things that will drive the economy in the future (like broadband)." So, when is enough enough? Eventually we will be one disaster over the amount some far east country is willing to lend. Maybe it's time to start charging premiums for disaster relief, since everyone seems to think it means "just like it never happened." Since when did we start expecting the government to kiss the calamity booboo and make it all better?
H/T DougH

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