Federal budget numbers too big to comprehend? This makes it simple
“Radio talk show host and personal financial guru Dave Ramsey puts the federal budget into perspective by proportionately shrinking the numbers down to that of a family budget:
”If the U.S. government was a family, they would be making $58,000 a year, they spend $75,000 a year and are $327,000 in credit card debt. They are currently proposing bigspending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget and debt, reduced to a level that we can understand.””
Via David McElroy
Categories: Debt
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