It seems a rare thing on Medium to see mostly information rather than silly opinion. So good plus on the information.

The negative here is the big missing picture. The government debt overhang and consumer indebtedness is a function of the enormous inequality of our society. The trillions that are part of the debt come mostly from profligate tax-giveaways to carried interest and a vast range of other schemes.

If we taxed like Germany (which regularly runs surpluses even though it has a vast public sector supporting a decent life for its citizens) we would be in great shape with little/manageable debt.