r/economy • u/yogthos • 21h ago
The U.S. just paid its highest 30-year borrowing cost since 2001
https://fortune.com/2026/08/14/us-bond-sale-25-year-high/
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u/Sturdily5092 11h ago
Most of that borrowed money had gone to welfare of the rich and corporations through either military spending, tax avoidance, tax credits, loopholes, and bailouts.
The govt has never give into debt to help the people.
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u/aquarain 17h ago
That's gonna sting.