Saturday, April 5, 2014

Fantasy U.S. Budget Savings




What if you really don’t need a new car but you pass a new car showroom and look at some  models?


You look at one for $100,000 that suddenly catches your fancy, and you decide, why not, I’ll buy it.


But you get a pang of conscience when you look at the payments needed, so you buy another car in the showroom for only $25,000.


Do you boast at home to your spouse you just cut the household budget by $75,000, having spent just $25,000 instead of $100,000, all of which you probably cannot afford?


Well, that’s how politicians boast about cutting their budgets. Their attempt is to cut the INCREASED spending they can’t afford


Note: Federal budgets are automatically increased by every year. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)



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