Painting The Ceiling For A Different View
Put In Perspective
If you know anybody who just can’t grasp the stupidity of this so called “debt limit deal”…..try this.
It can’t get much clearer.
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.
National Debt Total: $ 14,271,000,000,000 before this years 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 me to think about these numbers in terms that we can relate to.
Let’s remove eight zeroes from those numbers and pretend this is a
household budget for the fictitious Jones family.
Amount of money the Jones family spent this Year: $ 38,200
Total income for the Jones family this Year: $ 21,700
Amount of new debt added to the credit card this Year: $ 16,500
Outstanding balance on the credit card: $ 142,710
New outstanding balance on credit card: $ 159,210
So last week, the Jones family sat down at the kitchen table
and agreed to cut $385 from their yearly budget.
A historic amount! Or historic bullshit.