You are totally missinf the point.
If your 433K included 37% payroll taxes that you don’t get, then you are left with $272K to spend.
Using your $3.3 million at 5% is $165K in interest. Not current rates are already over that and escalating.
Using your figures, $272 - $165K leaves $107K for all other payments.
Using the current Federal Budget Spending net of SS & Medicare and Interest in the same ratio, you are spending $414K per year.
So, using your example, you have $107K to pay $414K in bills.
Hate to have you figure our budget!
Note: The total spending was $6.27 trillion and 66% were non SS & Medicare and Interest payments. That’s how I arrived at the ratio to get the $414K you are spending.
Please redo your math without the emotion. This isn’t New Math.
Actually, i didn’t miss your point at all. I supported it.
You used only our income and not our borrowing. So did I.
You subtracted for SS & Med. So did I.
You saw the current rate at 5%. So did i.
How does this not support your post? You’re talking to a friend here.
I just imagined what it would be like if we tried to get our act together given the current numbers.