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Showing posts from January, 2013

Other than the US $, nothing is made in the USA, , anymore !

Other than the US $, nothing is made in the USA   anymore!   This is what a candidate spoke in USA while making a speech for up coming election   Other than the US $$, nothing is made in the USA anymore!   Actually, this is pretty sad.   John Smith started the day early having   set his  alarm clock   (MADE IN  JAPAN ) for 6 am ..  While his  coffeepot   (MADE IN CHINA)  was perking, he shaved with his  electric razor  (MADE IN HONG KONG)   He put on a  dress shirt  (MADE IN SRI LANKA),  designer jeans  (MADE IN SINGAPORE)   and   tennis shoes  ( MADE IN KOREA)  After cooking his breakfast in his new  electric skillet  (MADE IN INDIA)  he sat down with his  calculator  (MADE IN MEXICO)  to see how much he could spend today. After setting his

USA fiscal cliff

This really helps us simpletons This puts things into a much better perspective as to the present economic situation.. Lesson # 1: * US. Tax revenue: . $ 2,170,000,000,000 * Fed budget: $ 3,820,000,000,000 * New debt: $ 1,650,000,000,000 * National debt: $ 16,271,000,000,000 * 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: . $ 162,710 * Total budget cuts so far: $ 385 Got It ????? OK now, Lesson # 2: Here's another way to look at the Debt Ceiling: Let's say, You come home from work and find there has been a sewer backup in your neighborhood.... a