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Training the hand and mind since 1982.

Tuesday, August 9, 2011

Budget Crisis from an Engineers point of view

Hello all, I was discussing the current budget crisis with a friend of mine. A good point was brought up.....if anyone of us had a similar budget to run our homes we would be in serious trouble. Let me give you the numbers

Us Income__________2,170,000,000,000
Federal 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

Okay kind of tough to wrap your mind with large numbers, let's use powers of ten and cut some zero (eight places) to make it more manageable.

N1IR Income__________21,700
N1IR Spent___________38,200
Credit Card New Debt____16,500
Balance on Credit Card___142,710
Cut Made by N1IR_________385

With simple powers of ten you can clearly see the problem, why can the people in washington see this? Food for thought....N1IR