Posted to sci.electronics.design,alt.binaries.schematics.electronic,sci.electronics.cad,sci.electronics.basics
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US Budget for Dummies....
On 12/28/2012 3:43 PM, Jim Thompson wrote:
US Budget for Dummies.... (from http://tinyurl.com/cv3wlwx )
* 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 so far: $38.50
...Jim Thompson
If it were that simple, W would not have insisted on a revenue cut,
and more spending on the "credit card".
Even his dad has to raise revenue, no its just politics.
hamilton
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