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Transcribed

Making Spending Personal

In 2010, the US government spent $1.60 for every $1 it earns. If an American family earning the US median income of $49,445 spent at the same level they would have a debt of $29,572, over half their income, in just SWEET one year. And after ten years, the picture is even $85,000 gloomier. Could your family afford to do this? SPENDING How can our government? $75,000 $65,000 $ spent $ made / $55,000 $45,000 WHAT IF YOUR FAMILY SPENT $$ LIKE CONGRESS? $25,000 $25,000 $15,000 $5,000 $0 LIVE WITHIN YOUR MEANS KEY *00 '01 '02 '03 '04 'O5'06 '07 '08 09 10 tr infiatien HOUSEHOLD REVENUE & SPENDING AT GOV'T LEVELS SOURCE: http://www.censusgov/hhes/www/income/

Making Spending Personal

shared by rmmojado on Jan 23
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For years, the government has been spending far more than it can afford. This has left the country with a massive public debt burden. We often say that the federal government should learn a lesson fro...

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