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Thread: Interest on the Debt

  1. #1

    Exclamation Interest on the Debt

    Within a decade, more than $900 billion in interest payments will be due annually, easily outpacing spending on myriad other programs. Already the fastest-growing major government expense, the cost of interest is on track to hit $390 billion next year, nearly 50 percent more than in 2017, according to the Congressional Budget Office.

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    What does the financial future hold? Possibilities are long-term higher inflation rates, short-term debilitating inflation hikes, substantially higher taxes, and/or currency collapse.
    A highwayman holds a pistol to my ear, and mutters through his teeth, "Stand and deliver, or I shall kill you, and then you will be a murderer!"

  2. #2
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    Quote Originally Posted by ClydeR View Post
    What does the financial future hold? Possibilities are long-term higher inflation rates, short-term debilitating inflation hikes, substantially higher taxes, and/or currency collapse.
    All caused by run away spending on entitlement/welfare programs.
    I asked for neither your Opinion,
    your Acceptance
    nor your Permission.

  3. #3

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    Clyder.. worried about the debt from 2001-2008, then not at all, and now again 2017-2024.
    Quote Originally Posted by Androidpk aka The Creepy Sponge View Post
    And feel free to get me banned, not going to stop my lawyer from sending Kranar a subpoena for IP information on a couple of people.
    Quote Originally Posted by Androidpk aka The Creepy Retard View Post
    horrific state of conditions = the biggest election win in 40 decades

  4. #4

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    We already on to the next Trump disaster that will lead to Armageddon? That was fast.

  5. #5
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    Quote Originally Posted by Tgo01 View Post
    We already on to the next Trump disaster that will lead to Armageddon? That was fast.
    I was expecting us to revisit the Mueller investigation. Something has to drop before the election on that...you know that's what they are planning.

  6. #6

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    Quote Originally Posted by Fortybox View Post
    I was expecting us to revisit the Mueller investigation. Something has to drop before the election on that...you know that's what they are planning.



    No. The FBI would never do that.
    A highwayman holds a pistol to my ear, and mutters through his teeth, "Stand and deliver, or I shall kill you, and then you will be a murderer!"

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