Your browser (Internet Explorer 6) is out of date. It has known security flaws and may not display all features of this and other websites. Learn how to update your browser.
X
Post

Why the U.S. was Downgraded…

“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 eight 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 ” – Anonymous

Those glib, self-serving dip-wads in the Congress and Federal Government are killing us.  Thanks to Josh Mettle’s Blog for this enlightenment!

 

  • Your means of describing the whole thing in this piece of writing is actually good, every one can effortlessly be aware of it, Thanks a lot.

    Devon Lee

    January 19, 2012

Leave a comment  

name*

email*

website

Submit comment