Created a long-run visualization of U.S. federal debt held by the public from 1945–2026, shown both in trillions of dollars and as a percentage of GDP.
A lot of the recent debate has focused on the debt ceiling and fiscal sustainability, but economists generally care more about the trajectory of debt relative to GDP, interest costs, and long-run growth than any single headline number.
# U.S. public debt has climbed back above 100% of GDP for the first time since WWII