Two surprises: China doesn't own us; and the debt burden is relatively low

Okay, so those aren't big surprises to anyone who has visited this blog in past seven years. But I expect they will surprise many readers at American.com, the online magazine of the American Enterprise Institute. Here's a link to my latest article there:

Why Growth Matters More than Debt

In the article, I used our familiar pie chart; I also thought of a more public-friendly name for the "debt burden"--specifically, I called it the "Interest Bite." [You may recall that I've tried its inverse, "Times Interest Taxed," at this blog before--but that most certainly does not compress down into a convenient acronym.]