The following comes from David Barton at Wallbuilders. It puts the federal budget into numbers that are much easier to comprehend for those of us who don’t deal in millions, billions and trillions!
If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, & are $327,000 in debt on their credit card. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. That is a cut of $3000 per year. They are still going to overspend their income by $14,000 each year. So in another 10 years they will owe about ½ million dollars on their credit card.
These are the actual proportions of the federal budget & debt, reduced to a level that we canunderstand.
Here’s another one that was published on The Wall and Broad Report:
The USA Has NO BUDGET since OBAMA has Become President!!!
The U.S. Congress sets a federal budget every year in the trillions of dollars. Few people know how much money that is so federal spending needs to be broken into simple terms to be understood.
Let’s put the 2011 federal budget into perspective:
- 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 cut: $ 38,500,000,000 (about 1 percent of the budget)
It helps to think about these numbers in terms that we can relate to. Therefore, let’s remove eight zeros from these numbers and pretend this is the household budget for the fictitious Jones family.
- Total annual income for the Jones family: $21,700
- Amount of money the Jones family spent: $38,200
- Amount of new debt added to their high-interest credit card: $16,500
- Outstanding balance on the credit card: $142,710
Because the Jones’ realized they’re in trouble, they decided to become responsible and cut their spending. After a lot of posturing and wrangling, they agreed to cut a whopping $385 from their budget.
Either way we’re in a heap ‘o big trouble in America and our elected representatives — OUR EMPLOYEES — are committing malfeasance on a daily basis and we the people seem to be powerless to stop it. Well, we’re not!