And that figure will start to move up wards rapidly. Interest rates are very low at the moment but that is set to change. At the moment our debt is over eight trillion dollars and rising rapidly. The interest we are paying is almost as much as our entire Defense Budget. Clinton had us on the road to pay off the Debt within a decade. Imagine how much Health Care a half million a minute would provide, not to mention how we are enriching foreign countries instead. A half million a minute and rising just thrown away. We could do so much better...
It doesn't cost much to create few trillions of electronic $ to pay off interest. Don't worry, as long as $ is a international currency, U$A can create $ without great worries or thoughts. If confidence in $ will slip, it's not a big deal too, (mega) inflation will just eat off all those $ that stupid foreigners herded. In any case, it's not the USA who should worry about debts, etc.
Ya' know, at the rate of a half-a-million per minute, it's not too long before we're talking some big bucks, huh? Baron Max
