5 ms·
Debt isn't always bad. But our current debt load is bad and will never be paid off. 50% of our tax revenues are going to be used to pay interest from our debt.
by blindriver 2y ago
Debt isn't always bad. But our current debt load is bad and will never be paid off. 50% of our tax revenues are going to be used to pay interest from our debt. That is a huge curtailing of spending because of this unsustainable debt.