> What matters is how the debt burden is changing over time It is increasing. (Namely, to greater than the defense budget.) > Understanding the impact of nati

> What matters is how the debt burden is changing over time It is increasing. (Namely, to greater than the defense budget.) > Understanding the impact of national debt is a lot more complicated than a single number, As single numbers go, interest as % of GDP is a good one. For the last 20 years, it's been <= 1.8%. Last year it was 2.4%. [1] [1] https://fred.stlouisfed.org/series/FYOIGDA188S https://fred.stlouisfed.org/series/FYOIGDA188S