{"id":1395,"date":"2012-09-13T16:07:53","date_gmt":"2012-09-13T16:07:53","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2012\/09\/13\/let-us-not-forget-the-federal-budget\/"},"modified":"2012-09-13T16:07:53","modified_gmt":"2012-09-13T16:07:53","slug":"let-us-not-forget-the-federal-budget","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2012\/09\/13\/let-us-not-forget-the-federal-budget\/","title":{"rendered":"Let us not forget the Federal Budget"},"content":{"rendered":"


\nA Reminder:
\n\tThis, rather brilliantly cuts thru all the political doublespeak we get. It puts everything into a much better perspective.<\/p>\n

\tLesson # 1:<\/p>\n

\t* U.S. Tax revenue: $2,170,000,000,000
\n\t* Fed budget: 3,820,000,000,000
\n\t* New debt: 1,650,000,000,000
\n\t* National debt: 14,271,000,000,000
\n\t* Recent budget cuts: $ 38,500,000,000<\/p>\n

\tLet’s now remove 8 zeros and pretend it’s a household budget:<\/p>\n

\t* Annual family income: $21,700
\n\t* Money the family spends: $38,200
\n\t* New debt on the credit card: $16,500
\n\t* Outstanding balance on the credit card: $142,710
\n\t* Total cuts to the budget so far: $3.85<\/p>\n

\tGot It ?<\/p>\n

\tOK, now Lesson # 2: Here’s another way to look at the Debt Ceiling:<\/p>\n

\tLet’s say, You come home from work and find there has been a sewer backup in your neighborhood…. and<\/p>\n

\tyour home has sewage all the way up to your ceilings.<\/p>\n

\tWhat do you think you should do ?????……<\/p>\n

\tRaise the ceilings, or pump out the crap?<\/p>\n

\tRemember – Your choice is coming on November 6, 2012.<\/p>\n

\n

Replies:<\/h3>\n
\n

Posted by:<\/strong> Dogleg on September 13, 2012, 4:33 pm<\/p>\n

This is good. Can I borrow this?<\/div>\n<\/div>\n
\n

Posted by:<\/strong> Stephen C on September 13, 2012, 4:47 pm<\/p>\n

Absolutely, I borrowed it myself.<\/div>\n<\/div>\n
\n

Posted by:<\/strong> Guest on September 14, 2012, 6:34 am<\/p>\n

Well said. Who ever came up with it. <\/p>\n

\tFF<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A Reminder: This, rather brilliantly cuts thru all the political doublespeak we get. It puts everything into a much better perspective. Lesson # 1: * U.S. Tax revenue: $2,170,000,000,000 * Fed budget: 3,820,000,000,000 * New debt: 1,650,000,000,000 * National debt:…<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-1395","post","type-post","status-publish","format-standard","hentry","category-world-we-live-in"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/1395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=1395"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/1395\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=1395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=1395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=1395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}