Saturday, August 13, 2011
Not Hard To Understand
Lets take a look at America's 2011's budget numbers:
U.S. Income: $2,170,000,000,000
Federal 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
OK, got it ? Now, let's simplify this and remove the 9 zeros.
Here's Mr. Citizen's budget
Annual income: $21,700
Yearly expenses: $38,200
Amount of new debt: $16,500
Outstanding balance on credit card: $142,710
Budget cut this year: $385.
Mr. Citizen just filed for bankruptcy.
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