This chart pretty much says it all about why I am pretty negative on the future of our country. The soaring level of debt has been accompanied by a tremendous increase in interest paid. We are now paying $3 billion a day in interest on the federal debt, or over a trillion dollars a year. No matter what the Federal Reserve tries to do with interest rates, and no matter how much the Treasury Department tries to fiddle with the mix of short and longer-term debt, this interest rate burden is going to keep going up. It is crowding out other spending and is going to force some very painful decisions in the near future. And it is a factor in ongoing inflation.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at 
Apple Podcasts
Google Podcasts
Spotify
Overcast
PocketCasts
Radio Public
Stitcher
Anchor
RSS - Posts
If you find yourself in a hole . . . stop digging. Will Rogers had great intelligence and a lot of common sense. Not so much in America’s leadership. I guess you need an ivy league degree to screw things up this bad.