Chris Thomas says this......
Kinda brings home what a pitiful attempt has been put forth by our leaders who get raises practically every year, and have their own retirement and medical insurance that is not subject to the plans that they vote on for us and ask us to make sacrifice for after we have paid in for it.
The Debt Deal In Perspective
Purpose:
To put the debt limit debate / debt deal of the last few weeks in perspective.
2011 Federal Budget Deal
Federal Budget: $3,820,000,000,000 (3.82 Trillion)
Income: $2,170,000,000,000 (2.17 Trillion)
New Debt: $1,650,000,000,000 (1.65 Trillion)
Amount Cut: $38,500,000,000 (38.5 Billion) - about 1% of the total budget.
Harry Reid is calling this a "historic amount". The President said it is a "historic deal". John Boehner simply said, "We've come to an agreement".
Let's put this in perspective. It helps if we put the numbers in terms to which we can relate.
Let's remove NINE zeroes from those numbers and pretend this is a monthly household budget for the fictitious Jones family.
Amount of money the Jones family spent this month: $3,820
Total income for the Jones family this month: $2,170
Amount of new debt added to the Jones family credit card this month: $1,650
Outstanding balance on the Jones family credit card: $14,271 (represents our national debt).
So last week, the Jones family sat down at the kitchen table and agreed to cut $38 from their monthly budget.
A historic amount?!!!
Regards,
Bob Kralowetz
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