"Fiscal Cliff" from a new perspective

[Jumping Frog]

Fiscal Cliff in perspective:

Lesson 1:

• US Tax Revenue: $2,170,000,000,000
• Federal Spending: $3,820,000,000,000
• New Debt: $1,650000,000,000,000
• National Debt: $14,271,000,000,000
• Recent budget cuts: $38,500,000,000

Let's remove 8 zeroes and pretend it is a household budget:

• Annual Family Income: $21,700
• Money the family spent: $38,200
• New Family Debt: $16,500
• Outstanding debt on credit cards: $142,710
• Total budget cuts so far: $385.00

Got it??? .... OK now, on to Lesson 2:

Here is 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 ceiling.

What do you think you should do? Raise the ceilings or remove the "human waste products"?

[JP171]

wonderful way to try and show the reality of the debt, but I ask you when did you obtain the notion that Libs lived in the real world? I hate to dis illusion you by pointing this out but with you obviously having delusions I am trying to save you from becomming what you are railing against.

[packa45]

A way of looking at your sewage backup...

The sewage cannot possibly go all the way to the ceiling because I have windows... And they would break spilling said sewage all over my well manicured lawn. It will never hit the ceiling. However we need to raise the ceiling so I can live more comfortably in my own house. Whati can't just raise the ceiling??? Ok I can live with that... If you demolish my house and build me a new one.

[sunny beach]

Fiscal Cliff in perspective:

Lesson 1:

• US Tax Revenue: $2,170,000,000,000
• Federal Spending: $3,820,000,000,000
• New Debt: $1,650000,000,000,000
• National Debt: $14,271,000,000,000
• Recent budget cuts: $38,500,000,000

Let's remove 8 zeroes and pretend it is a household budget:

• Annual Family Income: $21,700
• Money the family spent: $38,200
• New Family Debt: $16,500
• Outstanding debt on credit cards: $142,710
• Total budget cuts so far: $385.00

Got it??? .... OK now, on to Lesson 2:

Here is another way to look at the debt ceiling:

Lesson 2 should be the family in Lesson 1 has now maxed out their credit card and thinks the answer to their financial problems is a higher limit, and if the bank won't raise the limit they're racist.