Why is Obama hell bent on raising taxes
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Paul Revere

London, KY

#419 Feb 2, 2013
wowed wrote:
Financial Statement of the United States of America:
* U.S. Tax revenue:$ 2,170,000,000,000
* Federal budget:$ 3,820,000,000,000
* New debt:$ 1,650,000,000,000
* National debt:$ 16,571,000,000,000
* Recent budget cuts:$ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
* Annual family income:$ 21,700
* Money the family spent:$ 38,200
* New debt on the credit card:$ 16,500
* Outstanding balance on the credit card:$ 165,710
* Total budget cuts so far:$ 385
Probably the best i've ever seen this problem explained and pretty stunning to boot.
But, it's comforting to know our President doesn't see us as having a spending problem, huh?
Excellent post "wowed".

“Boogie Chill'un”

Level 6

Since: Dec 08

Location hidden

#420 Feb 2, 2013
Paul Revere wrote:
<quoted text>
Probably the best i've ever seen this problem explained and pretty stunning to boot.
But, it's comforting to know our President doesn't see us as having a spending problem, huh?
Excellent post "wowed".
Not sure excellent is an adjective that does it justice ....bravo.
FappyTheClown

Georgetown, IN

#421 Feb 3, 2013
wowed wrote:
Financial Statement of the United States of America:
* U.S. Tax revenue:$ 2,170,000,000,000
* Federal budget:$ 3,820,000,000,000
* New debt:$ 1,650,000,000,000
* National debt:$ 16,571,000,000,000
* Recent budget cuts:$ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
* Annual family income:$ 21,700
* Money the family spent:$ 38,200
* New debt on the credit card:$ 16,500
* Outstanding balance on the credit card:$ 165,710
* Total budget cuts so far:$ 385
GENIUS!!!!!!!
Yeah

Lexington, KY

#422 Feb 3, 2013
wowed wrote:
Financial Statement of the United States of America:
* U.S. Tax revenue:$ 2,170,000,000,000
* Federal budget:$ 3,820,000,000,000
* New debt:$ 1,650,000,000,000
* National debt:$ 16,571,000,000,000
* Recent budget cuts:$ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
* Annual family income:$ 21,700
* Money the family spent:$ 38,200
* New debt on the credit card:$ 16,500
* Outstanding balance on the credit card:$ 165,710
* Total budget cuts so far:$ 385
Well done. Two thumbs up.
Bill OReilly

Georgetown, IN

#423 Feb 3, 2013
Wow!!!

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