Interest on the Debt Is Near a Post-War Low

As the media erupt in fury over Donald Trump's comments on the debt, it is worth taking the opportunity to remind people that the interest burden on the national debt is near a post-World War II low. While the debt-to-GDP ratio rose sharply in the Great Recession, because interest rates are extremely low, we face an unusually low interest burden. 

This fact has largely been missing from reporting on the issue. For example a Washington Post piece warning of the end of the world if Trump t...