DEBT

This rather brilliantly cuts thru all the political doublespeak we get. It puts it into a much better perspective and is the same for many countries in Europe ...

Why the U.S. Was downgraded :

* 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 cuts : $ 38,500,000,000

Let's now 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

Got It ?????