Another perspective

Brief analysis why we need the Congress to change.





Why the US Was Downgraded

Pretty good explanation for those that do NOT see a problem with the United States' finances or have a hard time grasping the big numbers.
The five lines below tells us where U.S. financial woes come from.

Analogy for those that felt the S&P was too strict and out of line.....

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 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.

This makes it very clear!