We picked this up from G. Edward Griffin’s web site. Unfiltered News over at Reality zone.
US CASH FLOW MADE SIMPLE
2011 Sep 21 from Dennis Schliewe
This is so simple a third grader can understand it. [Emphasis Added.]
But Politicians can’t, so pay attention to who you vote for in the next election. [Emphasis Added.]
US TAX REVENUE: $2,170,000,000,000 (TRILLION)
FED BUDGET: $3,820,000,000,000 (TRILLION)
NEW DEBT: $1,650,000,000,000 (TRILLION)
NATIONAL DEBT: $14,271,000,000,000 (TRILLION)
RECENT BUDGET CUT: $38,500,000,000 (BILLION)
Now let’s 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
OWED BALANCE ON CREDIT CARD: $142,710
TOTAL BUDGET CUTS: $385
Ken here. If they didn’t have to pay on their debts, the family could live happy by continuing to go right on charging more stuff. That’s a big no-no for families.
Yet, it’s what the Govt. does, adding on to taxpayer debt. There will come a day of reckoning, and it’s getting closer. Get out of debt. Educate yourself right here, so that you can Confront Predatory (illegal) Housing Debt.Print This Post