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This below states the USA financial position succinctly:
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 just remove 8 zeros and pretendit is 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
Budget cuts: $385
Doesn’t this scare you?!?!?!
Could we at least add one zero, and have it be:
Annual family income: $217,000
Money the family spent: $382,000
New debt on the credit card: $165,000
Outstanding balance on the credit card: $1,427100
Budget cuts: $3,850
Sounds Like the money I spend on yeshiva Tuition
Wow crazy
Annual Frum family income: $21,700
Average Yeshivas Tuition: $38,200
New debt on the credit card: $16,500
Outstanding balance on the credit card: $142,710
Cutting “Non-essentials”: $385
Why should the government worry, when they will just stick the debt to us, our children and grandchildren? It’s like they once asked Donald Trump during one of his many bankruptcies, “How do you sleep at night knowing you owe the banks so much money”? He replied: “When you owe the banks a million dollars, you stay awake at night worrying. When you owe them a billion dollars,they stay up nights worrying”!
Donald Trump once said that during one bankruptcy, he looked at a homeless guy on the bench and thought to himself that that guy is a couple of million richer than he is!
OP
Had to say that your title and OP is cleverly written.
Now what are some realistic solutions to this major debt?
Stop giving aid to the palestinians and pakistanis (as opposed to stop giving aid to israel)
1) Stop ALL foreign aid. The medine can stand on its own – the rest of them cannot. It will only help make the medine a safer place and perhaps teach it a lesson to start relying on Hashem.
2) Stop ALL welfare to able-bodied people within 2 years.
3) Review all scientific grants and make sure they are going only to real science.
4) End corporate bailouts.
tmgh:
nice thought but whats your point?
Workfare, not welfare. NO aid to illegal aliens who sneaked in to the USA, no foreign aid before our own country’s needs are being met. Vote Obama out of office ASAP, so we can have a real president and a First Lady who is ALWAYS proud of her country.
one way to stop the madness would be to say no even though we benefit from the money. examples, the city or state just spent $5,000,000 on new school buses for non public schools. very nice to have but not necessary. Many parks have had millions of dollars allocated to be renovated in the next year or two. also nice but not neccessary. Title 1 recently gave out millions of dollars in books or software because probably had the money in the budget and didn’t want to give it back. nice but a huge waste of money. Let’s all say, NO! if everyone would agree to stop wasting the gov’ts money there would be a lot less of an issue. The answer everyone gives is “the money is allocated already and better it should go to us than someone else.” let’s unallocate the money and put it to use where it will help instead of get some votes.
tmgh:
whoaaaaa
all right!!!
I UNDERSTAND!!!!
How about reducing military spending?
almost 60% of taxes go to the pentegon…
THINK ABOUT IT!!!!!
If you look at the Gross National Product and divide it by the stocks and bonds of…oh, I’m sorry, this thread is for NON-trillionaires…oops …missed that….sorry.
wow, the CR is waaay ahead of the curve. The OP’s transformation of the national debt to a family budget (which he no doubt copied from some other website) is now on the top of the homepage of Fox News!
You saw it in the CR a week before!
charlie….
!!!!!
I can only say one thing. S. P. O. Nage.
Common sense: Those buses were not a luxery! Most schools don’t have buses with doors on both sides. The new buses do, thereby savings many childrens lives!
squeak,
I feel dumb admitting this but that went waaaay above my head. what in the world is spo nage? Care to ‘splain?
squeak 😉
CB espionage
thanks ayc.
wow, am I slow today. ouch! sorry squeak for letting you down, especially since I was also thinking about ames’ old CR espionage thread from a few years back when I posted that.
a mamin- why are buses with two doors a must have? my son comes home on the bus every day, and his bus has one door. most buses have a “bus counselor” or matron (sorry, cant think of a better word) who gets off before the children and makes sure they cross safely. if your childs bus doesnt, THIS is what you should be spending money on, not totally new buses. by the way, doors on both sides is not what prevents people from going around a stopped bus.
i also want to say that i agree with 600 kilo all the way. and whoever it was who suggested cutting the national safety budget, please think for a minute about just how crazy that actually sounds. we have countries around the world who would love to take us out in a milisecond, but we shoould cut our defense budget…..
a mamim, maybe buses with 2 doors are better but in this lousy economy is this the place to spend money when so many people are struggling to survive. btw, many of those schools did not have big buses before and managed without. Also, there are thousands of kids who come home on city provided buses such as Atlantic Express, these companies do not get new buses unless they pay for them so all those kids are still riding on buses with one door and because the bus company has to pay for the buses, they will use the buses until they are used up.
Some politician makes himself look good by giving those buses but then the gov’t has to find a way to pay for everything and the gov’ts answer is to take it out of our pockets. did you hear that the tolls from ny to jersey went up to $12!!! it now costs about $40 to go roundtrip from brooklyn to lakewood, a 1hour and 15 min. drive. Every tax and expense goes up because the gov’t needs money. let them keep the buses and the renovated parks etc, and also keep their hands out of their pockets. If schools want school buses, they should pay for them themselves. (and yes, my children’s school did get one of those new buses.)
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