“And now I read articles by economists that are THRILLED That republicans finally see that debt size doesn’t matter”
Do these economists remember the interest rates during Carter/ early Regan?
I do, I had 2million in loans, and my business crashed, 80&81 were not fun, made it through though.
i was a kid but i remember what, 16 to 18 percent?!?!
On 30 trillion??
We pay almost half a trillion a year on debt interest now!
If rates skyrocketed it would be 3 to 5 trillion a year at those 70s numbers!!!
I need a xanax