Register

That’s right. But we do have to pay the interest.

Chris94 39236 posts Original UHND Member

Posted 5:08 pm on Sep 2, 2020

Which is manageable as long as revenues continue to rise. Which they are not.

Replies 31

That’s right. But we do have to pay the interest. Chris94 5:08pm · 9/2/20
- By 2025, U.S. interest payments on the National Debt wiill pass the Defense Budget iairishcheeks 5:51pm · 9/2/20
  - Perhaps that was when the deficit was 2-3% GDP. LehighND 6:38pm · 9/2/20
    - You mean back when it was still reversible?NT iairishcheeks 7:15pm · 9/2/20
      - Not sure what you are getting at. LehighND 7:24pm · 9/2/20
        
        Interest on the debt was $230B in 2014, is $375B now and will be $500B in 2025. iairishcheeks 7:36pm · 9/2/20
        
        Doesn't bode well for the greenback. Hard goods. LehighND 10:50pm · 9/2/20
        
        Vinyl records and players will be a luxury item. iairishcheeks 11:07pm · 9/2/20
    - .NT NedoftheHill 6:55pm · 9/2/20
  - Yep.NT NedoftheHill 6:05pm · 9/2/20
- Funny to see Dems become fiscally conservative. Welcome aboard. NedoftheHill 5:39pm · 9/2/20
  - Now if we could only get Republicans on board.NT LehighND 5:43pm · 9/2/20
    - Don't worry, they will get on board if Biden wins. NedoftheHill 6:05pm · 9/2/20
    - All of the good ones have been cancelled.NT iairishcheeks 6:01pm · 9/2/20

View Full Conversation