[nascarnation]

What’s scary on that chart is the 9% of the budget being spent on interest. When interest rates are so far below historic norms.

That’s the disaster in the making.

[Iron Munro]

What’s scary on that chart is the 9% of the budget being spent on interest. When interest rates are so far below historic norms.
That’s the disaster in the making.

That's part of Obama's insurance plan to make sure the US collapses in case he can't finish the job in the next 21 months.

[justlurking]

What’s scary on that chart is the 9% of the budget being spent on interest. When interest rates are so far below historic norms.

Don't forget that the low interest rates only apply to NEW issues of Treasury bonds.

There are 30-year Treasury bonds issued back in the 80's that are still paying over 8% dividends.

[lepton]

Yup. I pointed out to one of my Obamite coworkers how much the interest would be on the increased debt if it just returned to normal levels. At the time it was a rise from under $200Billion to service debt to around $800 Bilion...bam, right out of your precious social services...or just a death spiral of debt.