'In the end it's not the years in your life that count. It's the life in your years.'
- Abraham Lincoln -

Thursday, January 19, 2012

Food For Thought

Received via email:
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?
  1. Raise the Ceilings, or

  2. Pump out the sewage
Your Choice is coming November 2012.
Brings the numbers down to earth, doesn't it?