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Entries in Budget Deficits (2)

Tuesday
Jan082013

“Fiscal Cliff” in the Obama Perspective

“Fiscal Cliff”  in Perspective

 

 

 

Lesson # 1:

 

 

 

 

Here are the Actual National Budget Office figures as they stand today:

  • 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 cuts:        $38,500,000,000


Let's now remove 8 zeros and pretend it's a household budget:

                                                                                                % of Base

  • Annual family Base Income:                  $21,700.00          100.00%
  • Money the family spent:                          $38,200.00          176.00%+
  • New debt on the credit card:                    $16,500.00           76.00%+
  • Outstanding balance on the credit card:   $142,710.00          673.00%+
  • Total budget cuts so far:                                   $38.50             .0017%-

Got It ??..... OK Now,  

 

Lesson # 2:


Here's another way to look at the Debt Ceiling:

Let's say, You come home from work and find
there has been a sewer backup in your neighborhood ...
and your home has sewage all the way up to your ceiling.

What do you think you should do ...
Raise the ceiling or remove the sh*t?


OR, do we just shoot ourselves in the foot again?...


 

DUH... Stupid is as stupid does!



Thursday
Mar222012

Obamacare's Broken Promises

This bill is 100% owned, drafted, and written by the DEMOCRATS. Not a single Republican voted for it!  In fact, Obama had to bribe (D) Mary Landieu of Louisiana with a huge promise to pay for her state's healthcare costs as well as fund the Cornhusker Kickback to Senators Levin, Nelson, and Sanders to get them to vote for the Obamacare Bill. The Republicans had NOTHING to do with that disaster!

Please ask Obama to hold his Democrat Senators accountable for not doing their defined duty in presenting a budget for over 3 years now. This is unbelievable that Democrats can get away with not honoring this critical part of their job description.

On 09/09/09 Obama said, "I will not sign a plan that adds one dime to our deficits."  Bottom line, Obama knows a budget would prove how Obamacare adds many dimes to our deficits. Isn't this a way to keep at least one campaign promise? ...No Budget deficits, by virtue of showing no Federal Budget Plan?  

Maybe Democrats should pass the Budget Bill the way they did the Obamacare Bill and then Pelosi would say, "But we have to pass the bill so that you can find out what is in it, away from the fog of the controversy."

...we are sooo screwed ...again!