The market is still down, and the government bond market is absolutely collapsing, yield on 30 year Treasuries spiked to over five percent. I mean it is hellofastupid. The national debt is over 36 trillion dollars and yes, still growing. Actions, like these damn tariffs and uncertainty, cause the cost of servicing that debt to rise.
Last year interest payments on the national debt exceeded the entire cost of Medicare. We spent more on interest payments than we spent on national defense. That is pretty FUCKING SAD. I mean lets get something clear, Elon Musk and DOGE can hack all kinds of programs, take the chainsaw to any department and every department, hell maybe even cut the budget by two trillion dollars. Pissing in the damn wind. Expected interest payments on the national debt for the next ten years are projected at 12.4 trillion dollars. Those projections have TRIPLED since Trump took office. I mean shit, his damn desk chair isn't even warm and he has cost taxpayers an estimated EIGHT TRILLION DOLLARS in interest payments alone.