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Show THERE'S A BETTER WAY The federal budget for fiscal 1969 calls for the expenditure ex-penditure of $14,400,000,000 (14 billion, 400 million) interest in-terest on the public debt. That's just INTEREST on the money our government has borrowed. Compared with a total budget of $186,100,000,000, this staggering sum for interest may seem relatively small. Yet, it's so large that it's hard to comprehend. So, let's see what that 14 billion 400 million could do for the American people if they didn't have to give it to the tax collector. That 14 billion 400 million could provide a pair of shoes, every other month for a whole year, for every man, woman and child in the United States, or, It could provide nice new $15,000 homes for 960,000 families, or It could mean shiny nev $2,500 automobiles for 5,760,000 proud owners, or It could build 14,400 million-dollar elementary schools to meet expanding community needs, or It could build 3,000 completely equipped high schools at a cost of $4.8 million each, or It could provide a college education for 1 million young Americans, or If that same amount could be invested in industry it could create more than 660,000 production jobs. The next time somebody tells you "Don't worry about the national debt, we owe it to ourselves," Just think of the hundreds of better ways this same amount could be put to productive use in building a bigger and a beter America for all . . . and think of how much LESS you and I would be paying in taxes if our federal government gov-ernment were operated on a businesslike basis . . . the way the taxpayer must operate his business. |
