Backyard Adventures

Wednesday, December 07, 2011

This puts the U.S. national debt in perspective:

• U.S. tax revenue: $2,170,000,000,000
• Federal budget: $3,820,000,000,000
• Current deficit: $1,650,000,000,000
• National debt: $14,271,000,000,000
• Budget cuts: $38,500,000,000
Now, let's remove 8 zeros and pretend it's a household budget:
• Annual family income: $21,700
• Money the family spent: $38,200
• Additional charges on the credit card: $16,500
• Current credit-card balance: $142,710
• Budget cuts: $385

Sent from my iPod

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