Friday, April 5, 2013

You would be bankrupt

This is not original with me I am not capable of doing the math.  It puts the nation's situation in a way we can understand how dangerous for us it is.

Here's what the government budget looks like,  If you turn  it into a household budget by subtracting eight zeros.

       * Annual family income, $21,700

       * Money the family spent, $38,300

       * New debt on the credit card, $16,500

       * Outstanding balance on the credit card, $142,710

       * Total budget cuts so far, $38.50

Can you see anything but bankruptcy ahead?   Of course, the government can print paper money, which robs everyone.

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