How Do You Spell "Thug?"

How Do You Spell "Thug?"

Friday, April 20, 2012

SIMPLIFICATION, or "IT'S THE BORROWING, STUPID!"


In science and engineering, Scientific Notation is used to handle large numbers so they may be understood by those of us who are mathematically challenged:
Lesson # 1:
* 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
* Proposed budget cuts: $38,500,000,000
Let's now remove 8 zeros and pretend it's a household
budget:
* Annual family income:              $21,700
* Money the family spent:           $38,200
* New debt on credit card:          $16,500
* Outstanding card balance:     $142,710
* Total family budget cuts:               $385

Time needed to pay off debt: 512 YEARS!!
Got It ??
OK.
Now, Lesson # 2: Another way to look at the Debt Ceiling:
Let's say you come home from work and find there's been a
sewer backup in your neighborhood and your house has sewage
all the way up to your ceilings.
What do you think you should do: 

(A) raise the ceilings, or
(B) pump out the crap?
Your choice is coming Nov. 2012
Hat Tip:  Dr. GOG
-neon leon

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