Steward George Posted September 6, 2011 Group: Steward Followers: 110 Topic Count: 10,465 Topics Per Day: 1.26 Content Count: 27,772 Content Per Day: 3.33 Reputation: 15,462 Days Won: 129 Joined: 06/30/2001 Status: Online Birthday: 09/21/1971 Steward Share Posted September 6, 2011 Most people have little understanding of what kind of economic situation the United States is in. Over the weekend, I found an interesting chart that simplifies the budget by removing the zeros, and comparing them to a household budget. Take a few minutes and get a glimpse of the economic tsunami that is coming! • U.S. Tax revenue: $2,170,000,000,000 • Fed budget: $3,820,000,000,000 • New debt: $ 1,650,000,000,000 • National debt: $14,271,000,000,000 • Recent budget cut: $ 38,500,000,000 Now let’s remove 8 zeros and pretend it’s a household budget. • Annual family income: $21,700 • Money the family spent: $38,200 • New debt on the credit card: $16,500 • Outstanding balance on the credit card: $142,710 • Total budget cuts: $385 Are you trusting that God is your true provider? We're getting ready to go down a slippery slope! Click here to read the entire article. If you have any thoughts or comments, please place them on the blog! Link to comment Share on other sites More sharing options...
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