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US Budget In Grade School Arithmetic Terms

14 December 2011 1,528 views 4 Comments

Understanding the US debt in terms of the average American family budget, reminiscent of the movie Dave.

“Think back to third, fourth grade math, things like reducing fractions, common denominators; that’s how we’re gonna make trillions make sense,” says CNBC’s Rick Santelli; who looks at the national debt clock, total U.S. tax revenues, and the U.S. budget to make sense of the numbers by itemizing them in terms of the average American family budget.
(video 1:47)

4 Comments »

  • Dori said:

    Good article, thanks!

  • lester said:

    Magnificent! (As usual. :-P )

  • howie said:

    Great post. I look forward to viewing and reading more. = )

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