TSXV:AAA.P - Post by User
Comment by
Fertimanon Oct 03, 2013 3:42pm
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Post# 21789010
RE:If thingys get real UGLY......
RE:If thingys get real UGLY......Think of the USA debt in these terms:
"Fiscal Cliff put into a much better perspective."
- 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 7 zeros and pretend it's a well off families household budget:
- Annual family Income: $217,000
- Money The Family Spent: $382,000
- New Debt on the Credit Card: $165,000
- Outstanding balance on the line of credit $1,427,100
- Total Budget cuts so far: $385
Get it!!!