How Government works; 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: $16,500 Outstanding balance on the credit card: $142,710 Total budget cuts so far: $38.50

Replies (8)

This is all great for bitcoin. Do you want the family to be “responsible”? What’s the bitcoin price if there’s a federal surplus?