How Bad Is The United States Debt? When you put it into a perspective we can understand...It's Even Worse Than You Imagine
Tuesday, December 13, 2011 at 1:46PM WOW! When you put it into a perspective we can understand...
• 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
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 sewage?
Debt,
Food,
Government,
Taxes
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