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-up1422
arrow-up1422external-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-square44linkfedilink
minus-squareTheOneCurly@feddit.onlinelinkfedilinkEnglisharrow-up18·1 month agoYeah but 2/3 of that is domestic. It’s flowing into retirement accounts and pension funds.
Yeah but 2/3 of that is domestic. It’s flowing into retirement accounts and pension funds.
So subsidising retirees.
Repaying bondholders.