Current vs Future debt payments as percent of income

16 Ağu 2022

There appears to be a 2-3 year delay between the current debt rates (US) and actually debt payment increases. It seems very likely that debt payments as a percent of tax receipts will go up to 28% similar to 2019 and 2020. What happens after that. It seems unlikely to me that GDP will continue to feed increases in federal tax receipts. 30% and above is next.

17 Ağu 2022

Not

The second from the right white line should connect blue peak to orange peak, not peak to trough as it is. I forgot it when changing from two scales to one scale! By 2025, US government will be struggling to pay it's bills or must cut spending.