to understand the numbers

"Continue Voting America , The Elections Are Bringing About The Badly Needed Changes To Our Governmental Leadership, Let's Take Our Country Back"

Lesson One and Lesson Two

Easy to understand and to relate.  Bears sharing.

Lesson One -- Why the U.S. was downgraded:

• 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: $14,271,000,000,000
• Recent Budget Cuts: $38,500,000,000

Let's 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?

Lesson Two -- 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?
1. Raise the Ceilings, or
2. Pump out the sewage

Your Choice is coming November 2012...