In article ,
jim wrote:


Interest payments by the federal govt are lower than
they have been for decades. When Reagan was president
federal interest pay outs were over 3% of GDP. Today they
are about half that.

Yeah, when RR took over from Carter (D-GA), interest rates were north of
13%. If they are indeed half that, given that current interest rates are
running around a 1/4 of that, it would seem that the amount owed is MUCH
higher. Just saying.
--
America is at that awkward stage. It's too late
to work within the system, but too early to shoot
the *******s."-- Claire Wolfe