ABO

What could Obama followers be thinking? Do they not see the screaming peril of our massive national debt?

No one in their right mind would run their household the way the Democrats have been running this country for the past five years that they’ve been in power. Dave Thomas, CEO of Equitas Capital Advisors, came up with a clever way to explain the situation in terms a fifth grader can understand.

Here is the federal budget for 2011:
Federal revenue: $2,170,000,000,000
Federal spending: $3,820,000,000,000
New debt: $1,650,000,000,000
National debt: $14,271,000,000,000

Few people can relate to these trillions of dollars, so let's remove eight zeros from these numbers and pretend this is a household budget:
Total annual family income: $21,700
Amount of money the family spent: $38,200
Amount of new debt added to the credit card: $16,500
Outstanding balance on the credit card: $142,710

We can begin to reverse this insanity in November. Vote out the Democrats, starting at the top. Anyone but Obama.