Quote:
Originally posted by Mmmm, Burger (C.J.)
How hard is this?
Budget (large pdf) check table 6.1, which has interest payments. They've been going down of late, primarily because the interest rate is lower.
That said, you ought to look at the actual outlay and the interest (or interest on interest). It's sobering when one takes out a mortgage adn realizes that the $500k mortgage will cost you $1.5m in payments over 30 years (or thereabouts).
|
And looked at that way, how much did the $221 billion in deficits in 1985 really amount to?
And is that number "chump change"?
