On 28/12/2012 22:43, 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


Doesn't that preclude the possibility that this family may get its $100
printing press out. Or even a bit of quantitative easing?

--
Mike Perkins
Video Solutions Ltd
www.videosolutions.ltd.uk