Current Financial crisis:
There’s been a lot of dialogue, finger-pointing and debates about the current debt crisis. If anyone has any doubt who’s to blame, (including Republicans and Democrats) please take a look at the following surreal scenario:
U.S. income: $2,170,000,000,000
Federal 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
Mind-boggling numbers, to be sure, But remove eight zeros and look at them as a family budget.
Total annual income for the Jones family: $21,700
Amount of money the Jones family spent: $38,200
Amount of new debt added to the credit card: $16,500
Outstanding balance on the credit card: $142,710
Amount cut from the budget: $385
Given the above example of reality, in my humble opinion, anyone in Congress who does not support a balanced-budget amendment, should be defeated in 2012, and/or impeached.