Tornado Alley (PROG)

[StephanieVanbryce]

America doesn’t have a federal public debt problem:

net interest payments on the U.S. public debt are currently about 1% of GDP. This is about as low as it has been in the post-World-War II period, and is very small by any measure. The fact that our government is still trying to reduce economic growth and employment while we have more than 20 million people unemployed or underemployed is testimony to the unbridled power of the special interests that dominate debate over economic policy in the United States

http://www.theguardian.com/commentisfree/2013/dec/18/us-budget-deal-good-bad-stupid

Great post F6, Thanks for taking the time .. such excellent references.. . can you imagine? 1% interest on our debt! .. that's it! ... We really really need to spend some more money .. .lift federal salaries and let's go on the infrastructure .. and build some trains or dams OR go to a new moon! .. ;) . .