Under the Lights
Go Blue!
Go Blue!
I’m glad that’s cleared up.
Full story at Artefact. via holykaw.alltop.com
- URI: An indicator of where a resource is. This means that multiple URIs can point to the same resource but are themselves different addresses. Following a URI might take any number of hops or redirections until it actually arrives at the resource.
- URL: a stricter term that identifies the exact location of a resource. This subtle difference has blurred over time such that nobody cares about the difference. I will continue to use the term URL, because people are more comfortable with it.
Dave Ramsey lays out the U.S. Government’s budget for 2011:
The federal government will take in $2.173 trillion in 2011. That’s their income, and it sounds pretty good. Until, that is, you factor in that the federal government will spend $3.818 trillion during the year. So, just like many families, the government’s outgo exceeds their income—to the tune of $1.645 trillion in overspending. That’s called the deficit. Altogether, the government has $14.2 trillion in debt.
What would that look like if a typical household lived the same way?
If their household income was $55,000 per year, they’d be overspending by 43%. That is, they’d be making $55,000 but spending $96,500. That means in 2011, they’d add $41,500 of debt to their current credit card debt $366,000!
Now do you see why cutting a measly $38 Billion, or even $61 Billion is not going to cut it? The Republicans and Democrats in Congress need to face reality.