Monthly Archives: May 2012
Thanks to NPR: http://www.npr.org/blogs/money/2012/05/14/152671813/50-years-of-government-spending-in-1-graph Note that if inflation comes along, entitlements automatically go up more. And if interest rates go up to deal with the inflation, interest spending could easily double or triple pretty quickly. Of the $10.4 trillion in debt held by the public, $1.6 trillion is in T-bills (paying pretty much no interest […]
Some words of wisdom from Roger Nussbaum http://www.washingtonpost.com/the-mutual-funds-and-managers-to-avoid/2012/05/04/gIQAEfIc1T_story.html Note especially his mention, without spending much time on it, the issues of investment expenses.