After all, with interest payments on the debt as a share of GDP at a post-war low and an interest rate on long-term Treasury bonds of almost 2.0 percent, things look pretty bleak. (That’s sarcasm.)
Now interest payments are nominal and the real GDP uses chained 2009 numbers, a bit of a stastiical error in the chart. But not nearly enough error to prove Dean right. Interest payments are 2.5% of Real GDP.
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