A time out to vent. Saw this on Facebook, so it is probably as true as an Abraham Lincoln quote found there.
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Fiscal Cliff in Perspective
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 remove 8 zeros and pretend it is a household budget.
Annual Income: $21,700
Money spent: $38,200
New debt on credit card: $16,500
Outstanding balance on credit card: $142,710
Recent budget cuts: $38.50
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Assuming these numbers are true, to fix this mess in 5 years, the income would need to be tripled and the money spent cut in half. For those of us who prepare household budgets, that would be extra jobs for both parents, beans and rice, and no Disney trips for 5 years. While the DisDads would make these sacrifices for our families, I fear for the worse with this current situation. Prayers for our country.
And now, back to my off topic posts.