shutterstock_17164078

While there are enough Families with problems in their own household finances, the US Government really is in bad shape if you apply a “normal” view.

#government #spending #data #visualization

Reshared post from +Joseph Pred

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

Google+: View post on Google+

Thank you for reading

I hope you found the information on this website interesting and want to stay up to date. Just subscribe to my newsletter and my free Brand Questionaire which will help you to quickly find out what your clients brand is all about.

* indicates required

2 Comments

David Rowan
October 18, 2011

Thats my family almost exactly!

Lori Quayle
October 18, 2011

That does bring it into better focus. We are in trouble.

My Flickr