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To: rabscuttle385
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?

$40 bucks?

50 posted on 12/23/2011 1:41:43 PM PST by justrepublican (Screaming like a "Vexatious requester" at a Wellstone memorial...........)
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To: justrepublican

Wonderful! The “boil it down” in understandable terms, I mean. Wish I had a program to turn that into a poster!


51 posted on 12/23/2011 1:44:53 PM PST by don-o (He will not share His glory and He will NOT be mocked! Blessed be the name of the Lord forever.)
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