Let's put those numbers in Household budget terms.
Dear Mr Bank Manager I have maxed out my credit card. Can I please have an increase on my credit limit?
Let's see your details .
Your income is $24,000 a year
Your outgoings are $35,000 a year.
And your credit card balance is $164,000.
NO YOU CAN'T
But I am going to increase my income by $600 next year.
GET LOST
Don't buy that new car and don't give all that money away to your rich friends.
That would save you $10,000+ you might even get to be solvent in a while if you kept doing that.
There are $500bn+ of military spending and $500bn+ of Corporate Welfare that can easily be saved next year. But NOBODY is even discussing them.”
http://ian56.blogspot.co.uk/2012/11/it-is-very-easy-to-cut-1tn-from-federal.html
Let's see your details .
Your income is $24,000 a year
Your outgoings are $35,000 a year.
And your credit card balance is $164,000.
NO YOU CAN'T
But I am going to increase my income by $600 next year.
GET LOST
Don't buy that new car and don't give all that money away to your rich friends.
That would save you $10,000+ you might even get to be solvent in a while if you kept doing that.
There are $500bn+ of military spending and $500bn+ of Corporate Welfare that can easily be saved next year. But NOBODY is even discussing them.”
http://ian56.blogspot.co.uk/2012/11/it-is-very-easy-to-cut-1tn-from-federal.html
More examples of Corporate Welfare and what the Fiscal Cliff deal actually does. Why Goldman Sachs won and America lost.
http://ian56.blogspot.co.uk/2013/01/fiscal-cliff-deal-why-goldman-sachs-won.html
http://ian56.blogspot.co.uk/2013/01/fiscal-cliff-deal-why-goldman-sachs-won.html
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