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SWBTATTReg

(24,131 posts)
2. And how much of this debt being paid out to American holders of this debt? My Mom and Dad have
Fri Jul 14, 2023, 10:39 AM
Jul 2023

complained over the years how low the interest rates on their CDs and other govt obligations were so low, so perhaps now, our seniors are making a little more money for their pocketbooks than in prior years, which means more spending in this economy, and in theory, more robust dividends too, being paid by stocks to compete for investor dollars.

The artificially low interest rates (artificially low, IMHO) will perhaps now reflect more reasonable rates for the cost of borrowing money, and perhaps help dampen government demand for borrowing. It would help if the tRUMP tax cuts, not paid for, either get paid for or rescinded.

Latest Discussions»Issue Forums»Economy»US Racks Up $652 Billion ...»Reply #2