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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"?

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.

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.

Jumping Frog wrote: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.