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Getbig Main Boards => Politics and Political Issues Board => Topic started by: MB_722 on September 05, 2011, 02:12:47 PM
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Dear Jim,
Here is why S&P downgraded the US credit rating.
• 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 let’s 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
Regards,
CIGA Lew
http://www.jsmineset.com/2011/09/04/jims-mailbox-770/
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BWAAFCKINGHAHAHAHA
• Outstanding balance on the credit card: $142,710
• Total budget cuts: $385
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sobering perspective
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BWAAFCKINGHAHAHAHA
• Outstanding balance on the credit card: $142,710
• Total budget cuts: $385
180: "The US needs to raise the debt ceiling. Ron Paul doesn't know what he's talking about when he says we should default."
BWAAFCKINGHAHAHAHA