The Federal budget, a new perspective

[GreyGeek]

is making its rounds through the emails:

This rather brilliantly cuts thru all the political doublespeak we get.It puts it into a much better perspective.


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 so far: $3.85


Got It ??


OK now Lesson # 2: Here's another way to look at the Debt Ceiling:


Let's say, You come home from work and find there has been a sewer
backup in your neighborhood....and your home has sewage all the way up
to your ceilings.


What do you think you should do ......


Raise the ceilings, or pump out the doodoo?


Our chance to choose is coming Nov. 2012

but I don't think either choice is a solution. Raising the ceiling just means we are trying to live on to of a pile of ****, but pumping it out isn't shutting down the source.

[woodsmoke]

how much is a trillion dollars.

woodsmoke

[Snowhog]

"A wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor and bread it has earned. This is the sum of good government." - Thomas Jefferson

"To take from one because it is thought that his own industry and that of his father’s has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association—the guarantee to every one of a free exercise of his industry and the fruits acquired by it." - Thomas Jefferson