Brilliantly Explained
Brilliantly, cuts thru all the political doublespeak we get
and 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: $15,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
OK! 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: $152,710
* Total budget cuts so far: $385
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