Along these lines,,,,
Heard some interesting numbers the other day. Right now we are paying 3.5% interest on our national debt. That is VERY low compared to history, with 6.5 being a more normal interest rate. Here are the fascinating IF's, IF interest rates rise to 6% in the next 3 years [nearly certain] AND if our national debt rises to the PROJECTED amount expected 3 years hence. The the amount paid to cover the interest WILL exceed the total TAKE of US personal income tax per year!
And still they spend!
