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
A hodgepodge mixture of Interesting useful/useless knowledge, Wonder, and a liberal chuckle of humor
Wednesday, December 28
To understand the U.S. federal budget, divide by 100,000,000
To understand the U.S. federal budget, divide by 100,000,000: Philip Greenspun divided the U.S. 2011 federal budget by 100,000,000 and wrote a little parable:


Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment