Friday, April 15, 2011

A Parable... sent in by Jimmy Beardmore

Philip Greenspun divided the U.S. 2011 federal budget by 100,000,000 and wrote a little parable:


"We have a family that is spending $38,200 per year. The family's income is $21,700 per year. The family adds $16,500 in credit card debt every year in order to pay its bills. After a long and difficult debate among family members, keeping in mind that it was not going to be possible to borrow $16,500 every year forever, the parents and children agreed that a $380/year premium cable subscription could be terminated. So now the family will have to borrow only $16,120 per year."

And that boys and girls is what all the fuss the Libbies and Repubs have been raising hell about all week.....

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