Brilliantly Explained…

This rather brilliantly cuts thru all the political doublespeak we get.

It puts it into a much better perspective.

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
* Recent 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 the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts: $385

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 ceilings.

What do you think you should do ……

Raise the ceilings, or pump out the crap?

Your choice is coming Nov. 2012

– Bob Arimura

How to reduce the debt?

1. cut all federal government employee pay by 7%. According to USA Today, government workers get paid 30% more than their counterparts in the private industry. A 7% cut in pay will reduce deficit spending by $140 billion per year.

2. repeal Obamacare. According to the OMB, increased costs from Obamacare are $2.4 Trillion over 10 years. So a repeal of Obamacare will save $240 Billion per year.

3. Cut out unnecessary programs like payments to foreign governments by the State Dept (Hillary Clinton), EPA, Dept of Education (this is a state responsibility according to the Constitution), Several programs in the Dept of Interior, etc. This will save about $350 billion per year.

4. eliminate tax loop holes, oil credits, grants, environmental studies, subsidies for ethanol and other items. This will provide about $200 billion per year.

5. close several military bases and get out of Afghanistan and Libya. This saves about $100 billion per year.

All told, this is more than $1 Trillion per year without touching Social Security or Medicare.

Obama increased government spending by $700 Billion per year, so why not just reverse all the stuff that he added? That would save $700 billion per year.

So why doesn’t Obama do this? Because he really wants to grow government.

Source: www.saveamericanow.us.com