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Budget lesson 1

Posted by Robertdseals 12 years, 4 months ago to Government
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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?


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  • Posted by Nietzsche 12 years, 3 months ago
    The majority will seldom act until a paralyzing crisis forces reaction. (For example, when the check bounces.)
    Who cares about ceilings, how can we package this s--t and sell it as fertilizer?
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  • Posted by Solver 12 years, 4 months ago
    Applying this "ceiling" to a home, if I kept raising my ceiling like they raise theirs, it would be miles high.
    Just image the foundation needed to support that. Oops, time to raise it again...
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  • Posted by BambiB 12 years, 3 months ago
    We had a guy running for president who understood all this and had actual answers. So why isn't Ron Paul the Republican nominee for President?

    Answer: Because the American People are too stupid and ignorant to correctly identify the best choice for a policy or a candidate.

    That's really the message of Ayn Rand: The majority of people are idiots - useful idiots - but still idiots. The only way to reduce the idiocy at this point in our history is to winnow them out. That means, by letting them die. Withdraw your support, seal them out, and let them starve. It's cold, but unless you want a future of slavery, it's really the only way. Darwin will not be denied.
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    • Posted by CapeEsperance 11 years, 9 months ago
      unfortunately i found ron paul to be a lot off on international and military things...not that there was anyone else running who truly understood the concept of limited government with enumerated powers...we are seriously in trouble!
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  • Posted by lizcottrill 12 years, 4 months ago
    Oh boy.... This makes me laugh for a second at how ridiculous it is. You're so right! We can't sustain ourself like this. Doesn't anyone in "power" understand???
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  • Posted by lacedemon 12 years, 3 months ago
    i really wish someone could explain why we have a large debt- although 'only' still less than GNP, it really seems to go against the preamble of the constitution
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    • Posted by BambiB 12 years, 3 months ago
      We have a huge debt because the American People demanded it. This is especially true of women, who form the majority of the Democrat party. They have demanded more and more expensive social programs to provide for them - and now we've hit the point where their demand for government goodies has already bankrupted the system (we just haven't felt the hammer fall yet).

      It's clearly not ALL women who are gutless and stupid or all men who are smart and brave. Call it 55% of each. But since women are the majority among voters, their votes count more and politicians (male or female) will bend to their will, even if it means the end of America.
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      • Posted by juharriss 12 years, 3 months ago
        You are totally right that people (I am not going to say we because I believe like me, some of you are not for the increase in social welfare) demanded these different welfare programs. Now the issue is instead of just helping out a few people to get back on their feet, the program has grown and grown and grown. How do we stop people from taking hand outs? How can we convince them that through hard work and education they can succeed? Not everyone is going to be the next Bill Gates but we need good teachers, lawyers, doctors, researchers.

        Also I am a women though only 19 so this will be my first time voting and I do not understand why more women tend to be Democratic..

        I honestly think this issue begins at home, the only problem is we cannot control what values little Johnny down the street learns from his parents. Bottom line parents need to teach their kids to work hard, get a good education, learn the value of money, and most of all that they can do almost anything if they want it bad enough.
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        • Posted by BambiB 12 years, 3 months ago
          The reason women tend to vote Democrat is actually pretty simple: Women are more risk-averse than men. As a result, they want (more so than men) to "feel safe". They are willing to trade freedom for safety, and, as the adage goes, they shall have neither.

          Now I'm not saying ALL women are that way. Or that no men are. I'd estimate that about 60% of women are that way and about 45% of men. It's enough to determine the result of almost any vote.

          Traditionally, men have been the money-makers and women have been the home-makers. The quest for cheap labor has turned that paradigm on its head. You didn't really think the "women's lib" movement was about more freedom for women, did you? It's really more about doubling the size of the labor pool to drive down wages. But I digress...

          Up until early last century, married women couldn't vote, couldn't enter into a contract without their husband's permission and could not sue or be sued in their own name. The husband had a duty to provide and the woman had a duty to obey her husband. The two became "as one" and that one was... the husband.

          Fast forward, women have the vote, and the first thing they set about doing was replacing husbands with government benefits. There are several short-term advantages. The government doesn't care why you want the money - it's just going to hand it out to you so you vote for the people who got you the cash. And so women tend to vote for Democrats who give them money. They are purchased by politicians. In the past couple decades, the Republicans have started doing it too.

          I don't know why women don't see the long-term effects of their actions. Surely they have to know somewhere in their minds that the money has to come from somewhere. But if you've ever talked to a divorced woman, most will tell you they have a RIGHT to a portion of their ex-husband's income. Under the prior law, this actually made sense. In fact, a woman could not even divorce her husband in the late 19th century. Only the husband could file for divorce. So if it was his decision, and he essentially held "all the cards", it made perfect sense for him to compensate his ex-wife in event of divorce.

          Today, women can divorce their husbands - but they STILL expect to be paid. It's not logical, and the courts are finally starting to catch up to the bias. But once again, it's easier for the women to get money from the government, and let the government get the money from the men.

          Take a step back from all of this. Tune in the big picture.

          The government has been writing checks with no funds in the account for about 40 years now. The debt exceeds $16 trillion. The unfunded mandates over the next 70 years or so amount to $100 trillion. Together, that's over $380,000 for every man, woman and child in the USA. The days of writing checks on an empty account are coming to a close. When it happens, lots of people are going to find their worlds turned upside-down. Government workers may not have jobs. If they do, the money they're paid won't buy anything. The same will be true of the "welfare" programs. The government may crank the monthly benefit up to $10,000, or $100,000. Whatever it is, it won't be enough to live on. Men who have been kicked out of their homes may well stop making payments to ex's, simply because the government won't have any way to enforce divorce edicts. And don't expect your "emergency" calls to the police to be answered. Take a look at what happened in Oakland when their budget got a little tight. http://www.nbcbayarea.com/news/local/Suf... Now imagine it 10 times, 100 times worse.

          Women will learn the hard lesson once again that the government does not make them safe. The pendulum has been swinging in the direction of irresponsible spending and catering to the wants of women for 50 years. And within the next couple years, it will begin to swing back.

          It's not going to be pretty.

          MEN built this Country. Women may have encouraged them, kept the house and raised the kids - but MEN built the Country. They made it safe. They made it so safe, that women felt comfortable enough to push for stupid things. And men let them. Look around the world. The western countries that all let women vote are now in decline. They are collapsing.

          It took 150-200 years for MEN to build America. Women will destroy it in 50 years. At this point, I think the inertia is too great. I don't think there's any way to stop it.

          But the short answer is, women vote Democrat because they put their own interests above the good of the country and don't mind being bought off.
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          • Posted by juharriss 12 years, 2 months ago
            I am just now seeing your response. As a women I am curious as to what you think should be done. I am very educated, hard working, and passionate about being successful in life. Are you suggesting that women should remain in the kitchen and the home and never work? I do understand the importance of parents in influencing the person their child ends up becoming, but my mom was a very successful engineer and somehow still managed to instill the correct values in me. I see myself as someone who if in the story would be one of those in the gulch. And I do understand that a lot of women are not like me. But that can also be said for many men in this country too.
            Are you saying I should not pursue a career because that is what is causing the decline? Just really curious on your explanation
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            • Posted by BambiB 12 years, 2 months ago
              Nope. I think I was quite clear. Here's a more technical reference.

              http://www.people.fas.harvard.edu/~ivers...

              The major problem we have in America today is government. It's too big. Prior to women getting the vote, the government varied little in size, with bigger expenditures occurring in context of wars. After women got the vote, they drove the size of government inexorably upwards.

              The simple answer, therefore, is to not let women vote. A more complex answer might be one that limited the government in some other way, or somehow teaching women not to be irresponsible spendthrifts.

              Note: This has nothing to do with choice of career (unless, perhaps, you're considering politics), education, gender roles or anything else. It has only to do with the way that the female vote has destroyed America with speculation on why women are willing to destroy the future for the sake of their present.
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    • Posted by Nietzsche 12 years, 3 months ago
      Literal enforcement is simple only in theory. Reality has a way of fogging things up. Think of the Constitution as most people view a speed limit. It is not generally enforced except in specific places and at specific times. When it is enforced, you generally have to exceed it by greater than 10 miles per hour in order to be cited. The effect is that few people view it as a literal limit and a large part of traffic generally drives at about 10 miles per hour over the limit (assuming that there isn't a left lane road hog doing the speed limit or less and slowing you down). If a law is not enforced, is it really a law? Our legal system (Constitution included) seems to spend a lot of time in the gray areas.
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