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In Reply to: RE: How about fiscal prudence... posted by tweaker456 on January 10, 2023 at 09:45:08:
Hey, buy yourself a brand new Telsa Model S. Get the best, it's only $100K. Just do it. Some one else will pay the bill, right?
Look at the interest and impact on the debt over time:
We are currently spending a trillion or more than we take in every year. By 2031, just the interest will add nearly another trillion a year. And those estimates are quite conservative. What would these numbers be if we had interest rates go up to 6% or 8%?
If you can't see that it's unsustainable, you must live in La La Land.
-Rod
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Follow Ups
- Living within your means is 100% TOTAL nonsense,balderdash, poppycock, bunkum? - Rod M 01/10/2310:05:00 01/10/23 (5)
- RE: Living within your means is 100% TOTAL nonsense,balderdash, poppycock, bunkum? - tweaker456 10:41:00 01/10/23 (3)
- Nice try.... - Rod M 11:12:25 01/10/23 (2)
- gee, nothing bad happened to the economy in 2009 - elblanco 12:51:51 01/10/23 (1)
- RE: gee, nothing bad happened to the economy in 2009 - Uncle Mike 13:03:18 01/10/23 (0)
- RE: Living within your means is 100% TOTAL nonsense,balderdash, poppycock, bunkum? - tweaker456 10:26:03 01/10/23 (0)