Recession lowers government interest costs

The blue line is the effective interest rate DC pays, including the social security trust.  It is total interest costs/total debt, and a bad scale factor. Those numbers should be

Karma.  When voters buy a bunch of government crap on credit, they get a recession, then government rates are permanently lower as voters reduce their standard of living.

Look at 2000 and 2008, that drop in the DC effective interest rate is fairly large.  The drop in the effective interest rates has gotten steeper as debt increases.

So, you see, the more often we believe debt is good  the more recessions we have. But the bonus is that debt is cheaper.