US budget

ompelle

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2011 US Federal Budget Deal



Federal Budget: $3,820,000,000,000 (3.82 Trillion)



Income: $2,170,000,000,000 (2.17 Trillion)



New Debt: $1,650,000,000,000 (1.65 Trillion)



Amount Cut: $38,500,000,000 (38.5 Billion) ? about 1% of the total budget.



National Debt Total: $14,271,000,000,000 before this years budget.



Harry Reid is calling this a ?historic amount?. The President said it is a ?historic deal?. John Boehner simply said, ?We?ve come to an agreement?.




Now, Let?s Put This In Perspective. It helps to think about these nurabers in terms that we can relate to.



Let?s remove eight zeroes from those nurabers and pretend this is a household budget for "Bob" .




Amount of money Bob spent this Year: $38,200 (his "budget")



Total income for Bob this Year: $21,700



Amount of new debt added to the credit card this Year: $16,500



Outstanding balance on the credit card: $142,710



New outstanding balance on credit card: $159,210




So last week, Bob sat down at the kitchen table and agreed to cut $385 from his yearly budget. A historic amount isnt it!
 
Is Bob a government?

Does he have 300 million kiRAB he has to enforce economic rules for?

Does he provide first amendment rights to his kiRAB? Voting rights for his family so he doesn't even make decisions for his own household?
 
Seen this before. Makes a great point about just how fucking stupid people are who say that spending cuts aren't needed, just raise taxes.
 
what is hilarious is that this guy, and people like him, in the 1980s were talking about how Reagan was the most amazing president ever

Yet in that example, Reagan-Bob spent thousanRAB of dollars more than he had one year, and then wanted to spend even more the next year while taking time of work and receiving less pay
 
I got an F in my math class!

Just because I didn't do perfectly doesn't mean I don't know the material!
 
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