Quote:
Originally posted by Sidd Finch
The accumulated debt today is $8.2 trillion. Interest payments for 2005 were over $350 billion.
I guess that's insignificant, too -- right?
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Yes but how much of that date was left there by prior generations. The overwhelming bulk of it has been created in the past twenty years. Like I said, recent deficits cause the problem not long term debt.
