taking fancy jobs in the lobbying field while pulling down $millions (and of course golfing, and figuring out ways to further the tax payers). And what has been said recently by any repugs, other than cutting entitlement spending to rein in this borrowing on their part (while receiving less, a sneaky way of forcing middle class Americans to pay for the bills).
And what's funny about it, is that anyone saving money or investing money in Treasuries, etc., in effect, w/ your taxes, you are paying yourself that interest you receive from owning the treasury bonds.
Most of us here on DU know that Rump is crying out loud because he wants the interest rates lowered more. And, the only reason rump wants interest rates lowered, is that his loans are obviously tailored to a LIBOR rate (London rate) or similar, and he's being, again, totally personal, and not from the FED's viewpoint (no, doesn't need to be yet). My (IMHO) thinking is that interest rates should be allowed to raise somewhat, after all, a lot of us receive interest on our savings, etc., and interest rates have been ridiculously low (on our savings, etc.).
I think a lot of us would welcome this.
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