rich1.0isabella wroteisabella (npub1af…sdcke)https://yabu.me/npub1aftmyhm62lrp6lwsha3yzyjy5kqdvuy7g23qg28a8q0cnmudv0ds0sdckenjumphttps://yabu.meUS National Debt Crisis Simplified! :)
U.S. Tax revenue: $4,690,000,000,000
Federal budget: $6,660,000,000,000
New debt: $2,000,000,000,000
National debt: $37,500,000,000,000
Now just remove 8 zeros and pretend it is a household budget:
Annual family income: $46,900
Money the family spent: $66,600
New debt on the credit card: $20,000
Outstanding balance on the credit card: $375,000