A TRILLION DOLLARS EXPLAINED IN COMMON SENSE TERMS

Put whatever spin you want on it, it is what it is!

Subject: A non-partisan analogy

Here’s a non-partisan analogy I saw recently that puts our nation’s debt crisis into perspective for ordinary citizens like you and me who can’t comprehend the notion of being in debt for trillions of dollars:

U.S. Income= $2,170,000,000,000
Federal 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

To consider these numbers in terms we can relate to, remove eight zeros and pretend you’re looking at a normal household budget:

Total annual income for the family=$21,700
Amount of money the family spent for the year=$38,200
Amount of new debt the family added to their credit card=$16,500
Outstanding balance on the family credit card=$142,710
Amount cut from the family budget=$385

This means that the political wrangling that unfolded in recent months was the equivalent of a family with $142,710 in credit card debt choosing to cut a mere $385 from their budget in order to get their finances in order. Hmmm, now I understand why politicians don’t present things in simple, straightforward terms that ordinary citizens can understand!!!


SOMETIMES WHEN YOU SIMPLIFY NUMBERS TO THEIR BASIC FORMS YOU GET
RESULTS WE CAN "ALL" UNDERSTAND ..IT IS TIME TO AUDIT THE FEDERAL GOVERNMENT AND FEDERAL RESERVE USING "OUTSIDE" ACCOUNTANTS..AND AUDITORS ..ghengisjohn