Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Free
Message: U.S.A. debt simplified .....

“Wake up TAXPAYERS”


If only every American could see it in these simple terms, maybe they could get out of this mess....

Why the US was downgraded...

• 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 cut: $ 38,500,000,000

Let's remove 8 zeros and pretend it's an average household budget:

• Annual family income: $21,700


• Money the family spent: $38,200


• New debt on the family credit card: $16,500


• Outstanding balance owing on the credit card: $142,710


• Total budget cuts to family credit card : $385.00
…………..

REMEMBER, you can’t solve a Debt Problem by taking on more debt as you’re just kicking... The I Owe U Can... down the road which creates a bottomless pit!

Share
New Message
Please login to post a reply