NPR Tells Listeners That the Debt Is a "Huge Problem"

It's really great that we have National Public Radio. With the interest burden of the debt near a post-war low, and interest rates still at historically low levels, many of us might think that we could focus on other problems. (Netting out interest refunded by the Fed, interest payments are well below 1.0 percent of GDP.) After all, we have an economy that is still down close to 8 million jobs from trend levels, with long-term unemployment rates near post-World War II highs. As a result, mill...