Thursday, September 1, 2011

America's Suicidal Fiscal Insanity in Terms Even Joey Plugs Could Understand

The deficit's gone ballistic-
but it's hardly rocket science:


Annual U.S. Tax revenue: $2.17 trillion
-Fed budget: $3.20 trillion

Incremental debt this year: $1.65 trillion

Cumulative national debt: $14.27 trillion

Recent Obama/Boehner budget cuts: $ 38.5 million
________________________________________

Ah, but if you remove 8 zeros it's (tellingly)
comparable to a modest family budget....

Annual family income: $21,700
-spending $38,200

New 2011 debt on the ole credit card: $16,500

Outstanding balance on the credit card(s): $142,710

Total budget cuts: $385 (!)

Pathetic... and as predicted by Michele Bachmann-
we didn't actually get any real cuts at all.... nothing



No comments: