“The CBO
numbers foresee net interest payments rising from 9 percent of revenue to 36
percent in 2030, then to 58 percent in 2040, and up to 85 percent in 2050. If
that trajectory holds, we’ll be spending more than the planet’s entire military
budget on debt interest. But forget mid-century because, unless something
changes, whatever goes by the name of ‘America’ under those conditions isn’t
worth talking about.”—page 5 of After
America: Get Ready for Armageddon
by Mark Steyn
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