>   
>   (email exchange)
>   
>   On Thu, Jun 27, 2013 at 11:23 AM, wrote:
>   
>   From CS: Low interest rates and the interest income shortfall. Lower interest rates may
>   support the economy in the broad, but the interest income shortfall is a substantial
>   side-effect. Interest income is currently tracking $1.029 trillion at an annual rate
>   almost $400bn below the peak level of summer 2008. By comparison, wages and
>   salaries are up $539bn over the same period, and government transfer payments are
>   up $572bn.
>   

Thanks!

(and govt’s a net payer of interest)