INTEREST ON THE NATIONAL DEBT

COST AMERICAN TAXPAYERS $377 BILLION IN 2008, and will cost billions more in 2009.  Fortunately, the government plans on borrowing $490 billion in 2009 to cover the costs of current borrowing and the latest increases in spending. 

It'll certainly be interesting when we smash into Stein's Law going 20,000 miles an hour.
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ABOUT THE AUTHOR

Greg Ransom has a degree in Political Science and an advanced degree in Philosophy, with a specialty in the philosophy of science with a special focus on the science of economics. Ransom is well know among scholars writing on the ideas of Friedrich Hayek. Ransom studied with philosophers of science Alex Rosenberg and Larry Wright.