A friend of mine in Texas republished some recent financial numbers:
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 cut: $38,500,000,000
Most people glaze over such numbers so he then equated it in simpler terms:
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
Finally, he wrote: “This is an impossible way for a family to survive. Bankruptcy is the only way out. This family is headed for complete failure.”
P.S. Keep in mind that anyone who “dares” suggest that much more should be done to get America’s fiscal house in order: is mentally unstable, wants to destroy their country, is a terrorist, and/or is a right-wing extremist. So says Obama’s foot soldiers in government and in the MSM.