EXACTLY! Nicely done. It's probably also half the households in America (or more) lol
US National Debt Crisis Simplified! :)
U.S. Tax revenue: $4,690,000,000,000
Federal budget: $6,660,000,000,000
New debt: $2,000,000,000,000
National debt: $37,500,000,000,000
Now just remove 8 zeros and pretend it is a household budget:
Annual family income: $46,900
Money the family spent: $66,600
New debt on the credit card: $20,000
Outstanding balance on the credit card: $375,000
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