THE USA ECONOMY – SIMPLE EXPLANATION

Discussion in 'The Fire For Effect and Totally Politically Incorr' started by The Duke, Sep 22, 2011.

  1. The Duke

    The Duke New Member

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    THE USA ECONOMY – SIMPLE EXPLANATION


    Subject: even I can understand this simple explanation

    Why S&P downgraded the U.S.- this puts it in perspective...


    • 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



    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
  2. BullShoot

    BullShoot New Member

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    Definitely puts it into perspective. Thanks, Duke.
  3. glens67

    glens67 Well-Known Member

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    Sounds OK to me
    OBAMA...
    Of course I have never had to work for a pay check.


    really
    Glen
  4. cycloneman

    cycloneman Well-Known Member

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    You see what this Kenyen (adv iq 70) is showing us is that all this time WE had it all wrong. All you had to do is print the money. Its that easy. You educated folk are just stupid.

    EXTRACT RAW MATERIALS AND SELL IT????? NO!!!! THAT IS JUST STUPID!!!! JUST PRINT THE MONEY!!!!!!

    New taxes like a tax on pets will bring in revenue and then create a job. Now we can have a pet detective police department to make sure you pay your puppy dog tax and we create jobs.

    That is how they think /
  5. carver

    carver Moderator

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    Good post Duke! That makes it real easy to see that we, as a Nation, are in the hole big time! And the sad part is that no one either knows how to get out of this hole, or they want us in it even deeper. Creating new Government jobs will not fix the problem, and that is the only idea they can come up with. What a bunch of loosers!
    Last edited: Sep 23, 2011
  6. rentalguy1

    rentalguy1 Former Guest

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    Great post. Could you go one step farther, and show what the breakdown of the monies spent is in household terms? Such as where the government shows Social Security/Medicare on their budget, you could show "caring for a elderly parent," or something similar.
  7. Bobitis

    Bobitis Guest

    But... but... but...

    It's for the children! We're making sure our future generations have jobs!:rolleyes:

    Yeah... Jobs to pay back everything they never got.:mad::mad::mad:


    Thanks Duke. I'm swiping that one.
  8. ofitg

    ofitg New Member

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    I tend to believe it's the latter.....
  9. jstgsn

    jstgsn Well-Known Member

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    I HAVE NEVER SEEN SUCH A RACIST HOMOPHOBIC POST. YOU OBVIOUSLY WANT TO TAKE FOOD FROM SENIORS AND BABIES. WHY DON'T YOU GO CLEAN YOUR GUN AND READ YOUR BIBLE. NO WONDER HARRY REID AND NANCY PELOCI HAVE SUCH PAINED EXPRESSIONS ALL THE TIME, WITH PEOPLE LIKE YOU IN THE COUNTRY.

    keep up the good work.
    :)
  10. Haligan

    Haligan Well-Known Member

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  11. jbmid1

    jbmid1 Well-Known Member

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    Do the math -

    - Obama

    When one of his advisors said let's do Keynesian economics,
    Obama misunderstood slightly and said "great! I love Kenyan economics."
  12. Python

    Python Former Guest

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    It's impossible to get out of the hole that America is in. The debt is $14 trillion (soon to be $16 trillion). If we were to pay $10 million per day in an effort to pay off the $14 trillion, it would take approximately 4,000 years to pay it off. We can't even pay the interest on the $14 trillion. Of course they want us in it deeper, the borrower is servant to the lender, leading us by the nose into submission to the NWO.
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