View Single Post
Old 10-16-2013, 07:25 AM   #38
buckman
Registered User
iTrader: (0)
 
buckman's Avatar
 
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
Blog Entries: 1
Quote:
Originally Posted by spence View Post
First off, our total interest outlays are a lot more than 20 B a month, it's like 400 B for the entire year.

Second, you still have the fund the other 80% still running or the economy implodes. We don't keep all that much cash under the mattress.
Posted from my iPhone/Mobile device
So your saying we can pay the dept but the rest is unsustainable on the income we generate , which at its current level is higher then ever before .
Sounds like your coming around.
Might even make you wonder how this can work if the dept hits 20 trillion by 2016 ,as projected ,
Posted from my iPhone/Mobile device
buckman is offline