Watch what happens to "Net Interest Payments" as interest rates rise. It ain't gonna be purty!
... and all that is politically feasible to cut is non-discretionary spending. Anything else is political suicide, and politicians ain't nothing if not risk-averse.
Watch what happens to "Net Interest Payments" as interest rates rise. It ain't gonna be purty!
ReplyDelete... and all that is politically feasible to cut is non-discretionary spending. Anything else is political suicide, and politicians ain't nothing if not risk-averse.
ReplyDelete