Would You Raise the Ceiling?

Would You Raise the Ceiling?

Someone figured it out:

Why the U.S. credit rating 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 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 THIS YEAR: $16,500
  • Outstanding balance on the credit card: $142,710
  • Total budget cuts: $385

OK now Lesson # 2: Here's another way to look at the Debt Ceiling:

You come home from work and find there has been a sewer backup in your neighborhood...and your home has sewage up to your ceiling.

What do you think you should do ......

Raise the ceiling, or pump out the cr*p?