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We're Bankrupt. Isn't That Worthy of Presidential Discussion? | Antony Davies, James R. Harrigan fee.org/articles/were-… via @feeonline
@feeonline The federal debt is so large that, even with interest rates at historically low levels, the interest payments alone cost the government around one-half trillion dollars per year.
@feeonline And given that trillion-dollar deficits have become the new “normal,” our government can’t afford its current interest expense, let alone the expense it will incur when interest rates rise.
@feeonline The most expensive government in human history is bankrupt, and neither the candidates for its highest office nor journalistic moderators charged with questioning them thought it important enough to discuss.
@feeonline The DNC is a private corporation that exists to further the goals of the Democratic Party. The DNC furthers the goals of the Democratic Party by making the Democratic candidates look as good as possible to the voters.
@feeonline In the past two debates, that meant skirting important and difficult issues in favor of promising handouts. As we look forward to the next debates, we should expect more of the same.
