Saturday, October 19, 2013

The Math Doesn't Add Up; So Who's Minding The Store?

 Government jobs are overhead expenses.  Just how is that sustainable?  Imagine if you had 6 cleaning professionals looking for work around your 1700 square foot ranch house and you couldn't send anyone home by mandate.  Even if you found something to do, if it didn't help your bottom line down the road, you couldn't afford them.  Would that be sustainable?  Common sense dictates that unless you're altruistic and or independently wealthy, you'd have to recover your losses somewhere down the road.  That is the simplicity of it. Governments are irresponsible if they operate differently.

Let's take a household with an annual income of  $24,500
and their annual outlay is                                    $35.370

Annual Credit Card Debt is 35,370-24,500  =  $10,870
With an existing Credit Card debt of                 $16,750 

What would you say to them if they asked for advice?

John Stossel printed this on a board and showed it to passers by in Manhattan.  When he flipped over the board, he revealed that if you add a few zeros,
you're looking at the Federal Debt:                  $2,450,000,000,000
with a Federal yearly budget of                      $3,537,000,000,000

Annual Credit Card Debt is                           $1,087,000,000,000
and an existing Credit debt of                        $16,750,000,000,000 

Won't anybody get serious out there in Washington?

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