This has absolutely nothing to do with inflation arguments. But I'll engage anyway. Federal debt service costs as a percentage of GDP over time: https://fred.

This has absolutely nothing to do with inflation arguments. But I'll engage anyway. Federal debt service costs as a percentage of GDP over time: https://fred.stlouisfed.org/series/FYOIGDA188S https://fred.stlouisfed.org/series/FYOIGDA188S There was indeed a very large increase in 2020-21 due to pandemic assistance programs. But the actual cost of the debt remains about half of what it was in the mid-80's under the Reagan economy (where the absolute size of the debt was smaller but the interest rates required to service it were higher). I think we came out of the 80's just fine. We'll survive this too.