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Message: <blockquote data-quote="vantexan" data-source="post: 5452882" data-attributes="member: 24302"><p>With the hike in interest rates the Federal government has gone from paying virtually nothing in interest on the national debt to now having to come up with close to half a trillion a year to service the debt.  And that will rise with future Fed hikes.  The thing is it's like the frog that gets boiled alive as the temperature rises.  No one seemed to take seriously what economists and major investors were saying was inevitable.  Now it's here.  You want to raise the debt ceiling.  The last thing we need is more debt.  Americans better get used to getting less out of the government because hard choices have to be made.  If they don't then the government collapses and with it the world economy.</p></blockquote><p></p>