Doing the spiral

The red line is interest charges, growth YoY.  That budget item is growing at 8%, the economy growing at 2%.  So taxes will grow about 2%, if we are lucky.


If we do noting, the interest charges will drown us after new year.  The deficit, as a percent of GDP, has reached its limit as you can see above. The trace of that blue line shows a hard bound, and we are there.  We have no new choices for income, for four years anyway.  Government be stopping again, soon.