The United States of America’s “Fiscal Cliff” put in a simpler perspective:
US TAX revenue (Money the government steals from its people by taxation): $2,170,000,000,00
Federal Reserve Budget (Money the Fed already spent): $3,820,000,000,000
New/Recent Debt(More money the Fed spent, recently): $1,650,000,000,000
National Debt from the past: $14,271,000,000,000
Recent budget cuts: $38,500,000,000 …. REALLY GUYS?
Now, lets simplify this and pretend this is a regular household budget:
Annual Family income: $21,700
Money the family spent: $38,2000
New debt on the credit card: $16,500
Outstanding balance on the credit card: $142,710
Total budget cuts so far: $38.50
Now if you’re still confused or just not good with numbers. Here is another way to look at the Debt ceiling that the Federal Reserve has created:
Let’s say, you come home from work one day and find that there has been a sewer backup in your neighborhood… and your home has sewage all the way up to your ceiling. What do you do? Raise the ceiling? Or remove the shit?
Stop voting into the system. END THE FED.