Liberal Forum
Archive
‹
No Holds Barred Political Forum
‹
Well... the JIG IS UP !! The Markets showed JUST how concerned they are about the Tarrifs... The STOCK market BOOMED !!
5 Apr 2025 9:36 pm
One of the reasons the debt is growing so fast these days... is that at current interest rates, JUST the Interest is over a TRILLION $$$ a year ... Interest rates today are HIGH compared to just a few years ago... and IF interest rates go back to much lower levels, AT LEAST the interest on the debt will be lower... I would think Trump is figuring to USE the low interest (if we get them) to refinance the debt...Blackvegetable » 05 Apr 2025, 2:16 pm » wrote: ↑
How do you believe he will do so?
(I confess, this makes me feel a bit dirty.)
It would be a GREAT idea... so that we're not just paying a TRILLION $$$ EVERY YEAR... JUST to cover the interest... MUCH LESS start paying the debt down !!
SUCH is the FIASCO that Joe Biden left us !!