I was driving to work today listing to KFAQ1170 and Pat Campbell gave an excellent analogy to help the average guy understand the issues around the national debt, spending, and the looming government shutdown. All you have to do is reduce the scale and apply it to your own personal life. Begin with 1 Billion = 1 dollar, and 1 year = 1 month. Then:
You have a job that pays $2400 a month. Unfortunately, you are spending $3700 a month. You have done this long enough that if you keep borrowing $1300 a month, you realize you will be financially ruined possibly for life. So you and your wife decide you must cut back. But instead of cutting back $1300, you end up arguing over the difference between $33 and $66 dollars a month, and even over that amount, you are arguing over whether it is your Starbucks or her hair appointment.
And these are the people we thought were smart enough to run our country.
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