return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 month agoThe U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combinedfortune.comexternal-linkmessage-square44linkfedilinkarrow-up1421arrow-down16cross-posted to: economy@lemmy.world
arrow-up1415arrow-down1external-linkThe U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combinedfortune.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 month agomessage-square44linkfedilinkcross-posted to: economy@lemmy.world
minus-squareTheOneCurly@feddit.onlinelinkfedilinkEnglisharrow-up18arrow-down1·1 month agoYeah but 2/3 of that is domestic. It’s flowing into retirement accounts and pension funds.
minus-squareMataresian@lemmy.dbzer0.comlinkfedilinkarrow-up6arrow-down1·1 month agoSo subsidising retirees.
Yeah but 2/3 of that is domestic. It’s flowing into retirement accounts and pension funds.
So subsidising retirees.
Repaying bondholders.