| Indrtfmr - 6/28/2025 07:51
The issue is there's no way to cut anything in government, we all seen the screaming and anger just trying to cut something with doge. We can't even cut one government job without the media screaming how bad it is. So the question is will we ever cut government spending? As for cutting interest that makes government spending on interest cheaper as the government is approaching 1 trillion in interest a year. Your last sentence is a misnomer. Yesterdays bonds are fixed for the duration. Tomorrows bonds are problematic if rates get out of hand, and the govt spends more than it takes in. Need to not deficit spend and it will be at least tolerable, although things would still be tight with such a high existing debt. Cannot afford to add to it.
Edited by Boone & Crockett 6/28/2025 11:17
|
Interest only loans
