I love it when complex things are simplified so that we can all understand
Can you imagine running a country using these numbers?
United States Tax revenue: $2,170,000,000,000
Fed 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
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 credit card: $142,710
Total budget cuts: $385
REALLY BRINGS THE ISSUE HOME, DOESN'T IT?