*ouch* I wonder what our rate is...

>The last time the US completely paid off the national debt was in 1840...Since [then] the US has paid a cumulative $7.8 trillion of interest on the national debt. This interest includes repaying principal. Simple arithmetic reveals that 55% the $14.2 trillion in deficit spending since 1840 has, in effect, gone towards servicing the national debt. Put differently, instead of paying down its debt with tax revenue, the federal government has essentially rolled over 55% of its debt since 1840 with new debt.<

https://lnkd.in/f6M5PCi