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Ford Motor Co. Message Board

  • trattles trattles Dec 27, 2012 5:54 PM Flag

    Economic lesson #1 and #2 for Democrats

    I have forgotten where I got this, but it should be advertised on all TV stations and papers so all the Libs read it:

    Lesson # 1:

    * 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 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: $142,710
    * Total budget cuts so far: $ 38.50

    Got It ?????

    OK, now Lesson # 2: Here’s another way to look at the Debt Ceiling:

    Let’s say, You come home from work and find there has been a sewer
    backup in your neighborhood….and your home has sewage all
    the way up to your ceilings.

    What do you think you should do ……

    Raise the ceilings, or pump out the #$%$?

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