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Friday, June 11, 2010

Student explains budget cuts ONLY 1 MIN 38 SEC.

Everyone needs to understand this. This is not political, per se, but is the best illustration of economics I have seen as to what we can, and cannot, cut from the national budget, and how to illustrate the significance of what is proposed.

A college student "explains our Federal Budget" and the portion that must be borrowed in simple terms for everyone, plus his visual aid example easily demonstrates the $100 million cut that the President promised as savings.

Click on this link and be amazed. Watch it twice to enjoy the simplicity. When they say "Do the Math" most people are clueless. Then decide if it is time to write and call your Senator for a stop to deficit spending.

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