Bringing Home The Debt: Just Remove Eight Zero's

An easy way to understand how the national debt and the feeble attempts to tackle the problem make no sense...

infoleaks.blogspot.com
Nov 11/2011

Food for thought.....Why the U.S. was downgraded:

* 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

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 all the s**t? (sewage?)

Your choice is coming Nov. 2012