The Long Road: Affordabilty | FACT TV
THE PRESIDENT STATES "AFFORDABILITY" ISN'T REAL IT IS A WOKE TERM. THE UNITED STATES IS $39.2 TILLION IN DEBT. CURRENTLY PAYING EXCESS OF $1 TRILLION DOLLARS IN INTEREST OR ABOUT 15% OF THE BUDGET. ADDING OVER $1.5 TRILLION MORE EACH YEAR. IN 2016 THE INTEREST RATE ON UNITED STATES TEN YEAR BONDS WAS BETWEEN 1.37% TO HIGH OF 2.44%. TODAY TO ROLL OVER THAT BOND THE INTEREST RATE IS 4.57. THE ONLY WAY OUT IS INFLATION @ A 10% INFLATION RATE THE FEDERAL GOVERNMENT WILL DEVALUE ITS DEBT BY OVER $4 TRILLION DOLLARS
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