What you can learn by adding (and subtracting) 8 zeros
Putting things into perspective by removing 8 zeros
It’s amazing what simple math can show:
An analysis of the numbers below
reveals why the average household
budget is far better managed than
the budget in Washington!
-Why S&P downgraded the US credit rating
• 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 cut: $ 38,500,000,000
Now, let’s 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
I think we just proved that the average housewife (or husband) is far more fiscally qualified than 90%+ of our Congressmen!