WTF does "normal interest rates" even mean when public debt to GDP[1] is over 120%, and servicing interest on that debt alone[2] costs taxpayers more than the entire FY23 defense budget[3]??
[1] https://fred.stlouisfed.org/series/GFDEGDQ188S
[2] https://fred.stlouisfed.org/series/A091RC1Q027SBEA
[3] https://www.defense.gov/News/News-Stories/Article/Article/32...