Why Good News on the Economy Is Bad News for the Debt


tay
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#1  Top Rated Post
Historically low interest rates have kept the cost of federal debt in check in recent years. “In 2008, the federal government made $253 billion in net interest payments on debt that was $5 trillion at the end of fiscal year 2007, for a 5 percent average interest rate on the debt,” Capretta notes. “The government made only $240 billion in interest payments in 2016, although the debt had more than doubled to $13.1 trillion at the end of fiscal year 2015, for a 1.8 percent average interest rate.”

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The coming challenge of servicing our national debt - AEI
 
Walter
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#2
Too bad BHO doubled the debt while he was in office.
 
spilledthebeer
#3
Quote: Originally Posted by Walter View Post

Too bad BHO doubled the debt while he was in office.




So how come its BAD for Yankees to double the debt but it WAS FINE for Wynne-bag LIE-berals to double the Ontari-owe debt???????????????????????????????


I SMELL LIE-BERAL HYPOCRITES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

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