Showing posts with label US budget. Show all posts
Showing posts with label US budget. Show all posts

Saturday, July 09, 2011

Santelli gets it right... again

Santelli was the guy who made the original call for a new Tea Party.
In the discussion about the debt, he gets it right yet again...


Yes, Santelli... stop spending!
A few very relevant points are made in this video. But the most important one is this, as stated:
In August, we will have $203 billion of revenue.
We will also have $362 worth of bills.

Now lets just think about that for a second. Suppose you had a company, and you were taking in $2.03 for every $3.62 spent. Wouldn't you take a serious look at your spending?
Of course you would.

Why is that so antithetical to the US government?