[Guest post by JD]
Debt ceiling debate in a nutshell … or two *
US Tax Revenue. $2,170,000,000,000
Federal Budget. $3,820,000,000,000
National Debt. $14,271,000,000,000
Recent budget cuts. $38,500,000,000
Now, let’s remove 8 zeroes from the above, and use it as a household budget
Annual income. $21,700
New credit card debt. $16,500
Family debt. $142,710
Family belt tightening. $38.50
Solution? Call VISA and ask for increase in credit limit
* reasonable approximations from a given point in time.
You come home from the office to find that a sewer back-up has caused flooding to your entire neighborhood, with water and sewage up to nearly your kitchen ceiling.
What would you do? Raise the ceiling, or remove the sewage?