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?

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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