National Budget in Perspective

This is the forum frequently asked questions section and will always be a work in progress.

Why create such a forum?

Several reason's have lead me to create this forum but the biggest is the over moderation and censorship on previous forums that I have visited has inspired to to create a forum solely about today's politics. Today's politics are more controversial than they ever have been and …

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-Don't be a douchebag

Most offensives will get a warning, however you may not even get a warning and you may be banned, …

Subject: National Budget in Perspective Sat Nov 05, 2011 9:23 am

Here is 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 10 (ten) zeros, and pretend it’s a household budget.

• Day's av. family income:............................. $ 217.00
• Money the family spent:. ............................$ 382.00
• New debt on the credit card: ......................$ 165.00
• Outstanding balance on the credit card:..$ 1,427.10
• Total budget cuts: .........................................$ 3.85

Any questions?

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