Grif.Net

10/17/20 Weekend Grif.Net – Financial Lesson for America

10/17/20 Weekend Grif.Net – Financial Lesson for America

(ba=
sed on 2018 figures – and only gotten worse =
since)

* =
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: $19,271,000,000,000

* =
Recent budget cuts: $ 38,500,000,000

Let’s now remove 8 zeros and pretend it’s your 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: $192,710

* =
Total budget cuts so far: $385

We’ve got a problem, America.

 

~~

Dr Bob Griffin =

bob@grif.net =
www.grif.net

"Jesus =
Knows Me, This I Love!"