Saturday, August 6, 2011

The US Government Family Budget

Attributed to Dave Ramsey:
"If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand."
Why is this so hard to understand? No wonder the S&P downgraded the US long term debt.

Via SaysUncle

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