The Budget in Household Numbers

by Dorina Lanza · 2 comments

in Wealth

When you remove all those nasty zeros it brings it right into perspective, doesn’t it?

The budget in household numbers:

$   2,170,000,000,000 = tax revenue
$   3,820,000,000,000 = federal budget
$   1,650,000,000,000 = new debt/deficit
$ 14,271,000,000,000 = total debt
$          38,500,000,000 = recent budget cut

Now, remove 8 zeros and pretend it’s a household budget:

$   21,700 = annual family income
$   38,200 = money the family spent
$   16,500 = new debt on the credit card
$ 142,710 = outstanding balance on credit card
$           385 = total budget cuts

Sorta brings the issue “home” doesn’t it?

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{ 2 comments… read them below or add one }

Rolando Harmer October 6, 2011 at 11:26 pm

It?s arduous to seek out knowledgeable individuals on this subject, however you sound like you realize what you?re talking about! Thanks

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uncerarie November 20, 2011 at 5:16 pm

Just stopping by to introduce myself to the forum. I am looking forward to becoming involved. And once again, Greetings from Texas.
Thanks again

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