That’s a long-term debt though, not a yearly deficit. The aggregate debt position of the individual improves over time while the government’s gets worse (and no

That’s a long-term debt though, not a yearly deficit. The aggregate debt position of the individual improves over time while the government’s gets worse (and non-linearly at that). But, that’s also math that applies to net-indebted people. The US has tons of asset wealth and you’d have to treat its financial position accordingly. You can run a 1.85 debt to gdp rate forever if your net assets accumulate at GDP in value yearly, for instance (not saying asset growth = 1 GDP is a true figure, but the factor is huge and unaccounted for).