February 22, 2012

Stossel makes it simple

Tired of trying to explain the budget situation to your liberal friends?  John Stossel explains it in relatable, simple terms.  Via Townhall:
Imagine this family budget:

Last year, you earned $24,700. But you spent $37,900, incurring $13,300 in debt, and you were already $153,500 in debt.

So you say, "I promise I'll spend $300 less this year!"

Anyone can see that your cutback is pathetic and that you need to spend much less.

Yet if you add eight zeroes, that's America's budget.
Go read the whole thing.  He talks about the hard choices that need to be made, the same point myself and others have been making for years. 
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