COMPARE YOUR HOUSEHOLD'S FINANCES WITH THE NATION'S FINANCES

!!!!

This is pretty explanatory.

Remember the out cry stemming from S&P's down grade of the US credit worthiness? 

Well lets have a closer look!

This really makes it easy to see What is happening.

Current status ........

• U.S. Tax revenue: $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

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

• Current outstanding balance on the credit card: $142,710

• Total budget cuts: $385

When it is broken down like this, it makes it easier to see how much trouble we are in !!!!!

Now read on and cry because you have a good reason too.

Check these statistics!

This list represents the percentage of each past president's cabinet who had worked in the private business sector prior to their appointment to the cabinet. You know what the private business sector is -- a real life business, not a government job. 

Here are the
percentages.

T. Roosevelt...........38%
Taft.........................40%Wilson ...................52%
Harding...................49%
Coolidge.................48%Hoover ...................42%
F. Roosevelt............50%
Truman...................50%
Eisenhower.............57%
Kennedy..................30%
Johnson...................47%
Nixon.......................53%
Ford.........................42%
Carter......................32%
Reagan....................56%
GH Bush...................51%Clinton ....................39%
G.W. Bush................55%

And the winner is:

Obama............... 8%


This helps to explain the incompetence of this administration: only 8% of them have ever worked in private business!

That's right! Only eight percent---the least, by far, of the last 19 presidents! And these people are trying to tell our big corporations how to run their business? They know what's best for GM, Chrysler, Wall Street, and you and me?

How can the president of a major nation and society, the one with the most successful economic system in world history, stand and talk about business when he's never worked for one? Or about jobs when he has never really had one? And when it's the same for 92% of his senior staff and closest advisers? They've spent most of their time in academia, government, and/or non-profit jobs such as "community
organizers." They should have been in an employment line.



"One of the penalties of not participating in politics is that you
will be governed by your inferiors." Plato.