Re: To understand the U.S. federal budget, divide by 100, 000, 000
Lance McLain <lance-X3DuywwxauBWk0Htik3J/[email protected]>
| Newsgroups | gmane.music.dadl.ot |
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What's the big deal? Just open another credit card. Budgets are so old school. Regards, -Lance Sent from my iPhone On Apr 15, 2011, at 7:52 AM, Thurman Allen II <microserf88-/[email protected]> wrote: > To understand the U.S. federal budget, divide by 100,000,000 > > Mark Frauenfelder at 12:00 PM Wednesday, Apr 13, 2011 > > > > Philip Greenspun divided the U.S. 2011 federal budget by 100,000,000 and wrote a little parable: > > We have a family that is spending $38,200 per year. The family's income is $21,700 per year. The family adds $16,500 in credit card debt every year in order to pay its bills. After a long and difficult debate among family members, keeping in mind that it was not going to be possible to borrow $16,500 every year forever, the parents and children agreed that a $380/year premium cable subscription could be terminated. So now the family will have to borrow only $16,120 per year. > Understanding Congress's solution to the federal deficit problem > -- > dadl-ot mailing list > http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us > http://news.gmane.org/gmane.music.dadl.ot -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot