Federal debt

pmbug

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Following up on my post in the tin foil hats meta thread about global debt, I found this fun site where you can play with budget projections:

https://www.usgovernmentspending.com/federal_budget_fy19rs12018n

Scroll down to the pie chart and you can click on the links for different years. Try clicking on successive years and guessing what percentage of the pie the interest on the debt will be. You can also click the Interest Analysis tab to get this page:

https://www.usgovernmentspending.com/federal_budget_interest

Here you can see what exciting effects can be realized if we raise the interest rate on the debt.

Of course the numbers are just estimates and projections, but it does give you an idea just how big the elephant in the room really is.
 
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