[plain talk]

As a result of the rapidly expanding economy, they are afraid the Federal Reserve will hike interest rates, and they have become addicted to very cheap borrowing over the past 8 years.

Exactly. What Trump should be worried about is the impact of rising rates. It's Trump's Treasury department now. Rate have been artificially held down for years. If they rise too much the interest payments on the debt alone will consume much of the budget.

[joesbucks]

Actually, it’s been longer than 8 years. It goes back to the Clinton days. But yes, you’re correct, it will impact the debt level and interest/principal ratio. Maybe Trump will strategically bankrupt us. He’s done it before with his companies.