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Washington Spending

mrmagoomrmagoo Posted 1 month ago
Let’s cut thru the political doublespeak and put into perspective Washington spending (2012).

Lesson #1:

U.S. Tax revenue: $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

Lets 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 ????

OK, now Lesson #2:

Here’s another way to look at the Debt Ceiling:

Let’s say, you come home from work and find there has been a sewer backup in your neighborhood, and your home has sewage all the way up to your ceilings. What do you think you should do? Raise the ceilings, or pump out the crap?

Your choice is coming November 2020, Keep Trump, Dump Congress!.

About mrmagoo

I am the Super Administrator of this websiteI joined this website on 12.08.20. .

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