This is not a well written or useful article. First it says debt as a percentage of GDP used to be higher so it should have been scarier. Then it says current

This is not a well written or useful article. First it says debt as a percentage of GDP used to be higher so it should have been scarier. Then it says current interest rates are low but doesn't give anywhere near the weight to that statement they should. Even in the article they state 8% interest was normal 30 years ago but then go on to say sustained 8% interest going forward is crazy talk. WHY? Why wouldn't interest rates go up? They certainly can't go much lower... If they did go up our debt would take a much higher percentage of the budget than the 18% of the 80's and 90s. This is a very real problem.