[DuncanWaring]

Those in charge “get” that when there are rate hikes on savings, there are also rate hikes on loans, which correspondingly jumps what the Federal government has to pay in interest on the national debt.

[grania]

The problem is that the gov was supposed to get the budget in check while the "temporary" solution of near-zero interest rates was in place. So now "little folk" will take at least a generation for middle class viability to return, if ever.

If the gov can't pay back the debt, just print more money. They're good at that, when it's for themselves. Or don't pay back the loans to the fed and other big banks. Or write a budget not built on waste and corruption.