Posts Tagged ‘absurdity’

Economic Analogies

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I keep hearing about how budget analyses like the one where you take six* digits off the Federal figures and apply it to a family lack understanding in economics.

FedGovAndFamilyBudgetDec11_6_0

 

I admit it’s a simplification, but when our President says, “If you’re in negotiations around buying somebody’s house, you don’t get to say, well, let’s talk about the price I’m going to pay, and if you don’t give the price then I’m going to burn down your house,” that kind of opens up the playing field for my own analogy. Here goes:

If you owe lots of people lots of money and need to continually rack up more credit cards, you might want to tighten your belt.

Don’t ask me how. On the analogy level, if you go out to eat every day, taking your lunch on occasion can bring savings. On a macro-economic level, one might think of disability fraud, but that’s been debunked.

*eight, my bad.

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