Green Room

US Budget for Dummies

posted at 5:12 pm on December 28, 2012 by

From my inbox, submitted without comment.

* 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 so far: $38.50

Make sense now?

Recently in the Green Room:

Blowback

Trackbacks/Pings

Trackback URL

Comments

This will work.

Right?

FOWG1 on December 28, 2012 at 5:17 PM

Nothing a good, long dose of hyperinflation can’t fix …

That will work.

Right?

ShainS on December 28, 2012 at 5:22 PM

Actually, budget cuts = $3.85

Jeff2161 on December 28, 2012 at 5:32 PM

Great post, Jazz. Might favorite this one so I can paste it the next time some liberal tries to tell us we don’t need to cut spending. 🙂

Doomberg on December 28, 2012 at 5:33 PM

Actually, budget cuts = $3.85

Jeff2161 on December 28, 2012 at 5:32 PM

That’s per year over a 10 year projection, of course.

Jeff2161 on December 28, 2012 at 5:35 PM

Explained in English:
http://www.youtube.com/watch?v=Li0no7O9zmE
Frightfully hilarious- I think

Amendment X on December 28, 2012 at 5:48 PM

This was previously posted as a comment in response to one of the linked articles in headlines or on Drudge within the past week. It is a nice summary. If only Congress would analyze things in this depth occasionally.

talkingpoints on December 28, 2012 at 5:57 PM

If that’s not already viral, it should be. Fowarding to friends.

ConservativeLA on December 28, 2012 at 6:01 PM

This is the link to Philip Klein’s arteicle. This budget summary is in the first listed comment which is by Bruce Strong.

http://washingtonexaminer.com/income-threshold-isnt-all-that-matters-in-fiscal-cliff-debate/article/2516799

talkingpoints on December 28, 2012 at 6:05 PM

A slight scaling of the numbers so that the family income matches the median family income from 2011:


* Annual family income: $50,502.00
* Money the family spent: $88,902.14
* New debt on the credit card: $38,400.14
* Outstanding balance on the credit card: $332,126.29
* Total budget cuts so far: $896.00


I think this helps put things into a better perspective since it better matches household budgets.


Note: The ‘Total budget cuts so far’ number listed in the article is incorrect by a factor of 10. By your numbers it should be $385.00.

Sqrl on December 28, 2012 at 6:39 PM

Great illustration.

Unfortunately, the vast majority of Americans either don’t give a rip about any of this, or else they benefit from govt spending & want it to increase.

itsnotaboutme on December 28, 2012 at 8:10 PM

Great illustration.

Unfortunately, the vast majority of Americans either don’t give a rip about any of this, or else they benefit from govt spending & want it to increase.

itsnotaboutme on December 28, 2012 at 8:10 PM

I’m having a really hard time coming to grips with the idea that my countrymen don’t care anymore. What happened?

Othniel on December 29, 2012 at 4:46 AM

Billboard worthy!

Every GOP representative should print this out on a single page and mail it to every resident in his/her district. Nothing else…no request for contributions, no additional wording, no nothing. Just the cold, hard facts.

JetBlast on December 29, 2012 at 6:18 AM

So, the solution is that they need to raise the limit on the credit card, right? Maybe do away with that limit all together.

MikeA on December 29, 2012 at 8:48 AM

What budget?

Steve Eggleston on December 29, 2012 at 8:48 AM

The rest of the caption I saw with those figures said:

“You come home from work and discover that sewer has backed up to the height of your ceiling. What do you do—remove the sh*t or raise the ceiling?”….

A Lib MIGHT be able to comprehend that thought…MIGHT.

hillsoftx on December 29, 2012 at 9:49 AM

* Annual family income: $21,700
* Money the family spent: $38,200

Actually, the most important point is that most people see imbalances like this and instinctively look to cut spending, but Democrats just think they can order other people to pay them the difference.

JeremiahJohnson on December 29, 2012 at 11:36 AM

I’m having a really hard time coming to grips with the idea that my countrymen don’t care anymore. What happened?

Othniel on December 29, 2012 at 4:46 AM

The vast majority of Americans were raised to hate this country and to worship every single elected Democrat as if they are godlike.

RIP, America. You were once a great nation… now you’re a sitting target for the Islamofacists to overrun and destroy. I shed no tear.

Myron Falwell on December 29, 2012 at 3:55 PM

Great illustration.

Unfortunately, the vast majority of Americans either don’t give a rip about any of this, or else they benefit from govt spending & want it to increase.

itsnotaboutme on December 28, 2012 at 8:10 PM

I’m having a really hard time coming to grips with the idea that my countrymen don’t care anymore. What happened?

Othniel on December 29, 2012 at 4:46 AM

They’re very busy with more important issues, like who’ll get kicked off of the island & who’s dating Lindsey now.

itsnotaboutme on December 29, 2012 at 4:02 PM

I’m having a really hard time coming to grips with the idea that my countrymen don’t care anymore. What happened?

Othniel on December 29, 2012 at 4:46 AM

The vast majority of Americans were raised to hate this country and to worship every single elected Democrat as if they are godlike.

Myron Falwell on December 29, 2012 at 3:55 PM

One of the end results of “LEGO morality” is large swaths of the population deciding that they can ignore reality because it doesn’t fit their agenda. Unfortunately for such people, reality has a nasty way of making itself known, often in a very abrupt manner. Be it a pandemic of STDs or national bankruptcy – the grasshopper WILL pay for his partying.

MelonCollie on December 29, 2012 at 10:00 PM

the grasshopper WILL pay for his partying.

MelonCollie on December 29, 2012 at 10:00 PM

. . . while all the partier’s and their Media courtiers ridicule and slander the Grasshopper Class.

BigAlSouth on December 30, 2012 at 7:02 AM

Great illustration.

Unfortunately, the vast majority of Americans either don’t give a rip about any of this, or else they benefit from govt spending & want it to increase.

itsnotaboutme on December 28, 2012 at 8:10 PM

And we have a winner!

HiJack on December 30, 2012 at 8:20 AM

Actually, budget cuts = $3.85

Jeff2161 on December 28, 2012 at 5:32 PM

No, actually the budget cuts figure should be $385. Only dollar figures are being shown, not cents.

HiJack on December 30, 2012 at 8:25 AM

No, actually the budget cuts figure should be $385. Only dollar figures are being shown, not cents.

HiJack on December 30, 2012 at 8:25 AM

Yup. Removing 8 zeros on all figures, leaves budget cuts at $385 (unless that amount is spread over ten years, in which case you would also need to factor in inflation and interest.)

Unless I’m a little goofy on cold medicine, that’s still spitting into the ocean.

Fallon on December 30, 2012 at 11:24 AM

. . . while all the Grasshopper’s and their Media courtiers ridicule and slander the Worker-Ant Class.

BigAlSouth on December 30, 2012 at 7:02 AM

(I knew that didn’t look right . . .)

BigAlSouth on December 30, 2012 at 12:16 PM

Yup. Removing 8 zeros on all figures, leaves budget cuts at $385 (unless that amount is spread over ten years, in which case you would also need to factor in inflation and interest.)

Unless I’m a little goofy on cold medicine, that’s still spitting into the ocean.

Fallon on December 30, 2012 at 11:24 AM

Yep. What difference does a few hundred or thousand dollars make when we’re talking about billions and trillions? We’re doomed.

HiJack on December 30, 2012 at 1:21 PM

Some things only get worse.

Schadenfreude on December 30, 2012 at 2:26 PM

Some things only get worse.

Schadenfreude on December 30, 2012 at 2:26 PM

Excellent! I’m going to save that one.

yubley on December 30, 2012 at 5:20 PM

The sad thing is that the example is pretty dated. The current national debt is almost $1.65 T.

obladioblada on December 30, 2012 at 7:57 PM

Simple math reduction. Brings it right down out of the fantasy realm of billions and trillions. Why can’t this be out there in someone PAC’s TV commercials every day?

ironked on December 30, 2012 at 9:49 PM

What budget?

Steve Eggleston on December 29, 2012 at 8:48 AM

Budgets?? We don’t need no stinking budgets!(maniacal laughter)”
-The Democrats

Sterling Holobyte on December 31, 2012 at 1:47 AM

Umm, removing 8 zeroes makes it $3.85 in spending reductions.

Siddhartha Vicious on December 31, 2012 at 5:32 AM

Umm, removing 8 zeroes makes it $3.85 in spending reductions.

Siddhartha Vicious on December 31, 2012 at 5:32 AM

Never mind.

Siddhartha Vicious on December 31, 2012 at 5:53 AM


HotAir — Politics, Culture, Media, 2017, Breaking News from a conservative viewpoint
Top Pick

Should’ve stuck with the pirate gig. It was working for him

The battle for the rubble of Raqqa is underway

Andrew Malcolm Jun 23, 2017 8:51 AM
Top Pick

Won’t be much left.

Your list of demands it a publicity stunt

“what happened that day was emblematic of a deeply troubling trend among progressives…”

“The jobs are still leaving. Nothing has stopped.”

Bad vendor. Bad! No cookie!

“The Corps is just starting to grapple with the issues the court has identified.”

“So you want me to sing my praises, is that what you’re saying?”

Why would we possibly want that?

“I mean he sold our country to The Russians.”

I could think of someone else you might want to ask about…

“You can ask a hundred people what hate speech is and you get a thousand different answers”

Trump: I never made any recordings of Comey

Allahpundit Jun 22, 2017 2:01 PM

Bluff.

Hackers stole private data from election databases

John Sexton Jun 22, 2017 1:21 PM

“90,000 records stolen by Russian state actors contained drivers license numbers”

Failure to protect the city

Big man on the Middle Eastern campus

Biased Americans see media as biased.

Tough times down on the liberal ranch

Will Nancy Pelosi survive this latest Dem disaster?

Andrew Malcolm Jun 22, 2017 8:41 AM

Eat quick, before it’s gone.

Slow your roll, boss

“I’m bothered by the lack of emerging evidence…”

FIrst look at the Senate health bill

John Sexton Jun 21, 2017 9:21 PM

“the Senate bill would go farther than the House version in its approach to cutting Medicaid spending.”

Divide and conquer?

“If we do nothing, more companies will back out and more people will lose coverage.”

You know, I may have cracked the case for you, guys

“They’re still running against her and still winning races.”

“…the suspect is from Quebec and has a Canadian passport.”

When the Left lost their way on immigration

Jazz Shaw Jun 21, 2017 2:41 PM

It wasn’t all that long ago, really

“I personally watched some of these students go up to Chief Brown, right up to her face, and call her all kinds of names, cursing at her.”

Did the Queen “nix” a Trump visit to London?

Jazz Shaw Jun 21, 2017 12:41 PM

More like wishful thinking on the American left

Sometimes it’s hard. This was the hardest part