A friend of mine sent me the following today. I’ve seen it before on Facebook and a few other places online but it’s worth sharing again. It breaks down this whole fiscal cliff nonsense into laymen’s terms so it’s easier to relate to.
National Budget Analogy #1:
U.S. Tax Revenue: $2,170,000,000,000
Federal Budget: $3,820,000,000,000
New Debt (each year): $1,650,000,000,000