And the whole point is moot, because Medicare and Medicaid obligations can be easily lowered by legislation. Which is why the actual debt number is the one that matters.
And just logically thinking, really: don't you think that the debtor with debt in USD that prints USD at the same time, doesn't have an incentive to under-report inflation? The situation is akin to you being able (as a debtor) to set APR on your own mortgage.
And then, the mystery of people complaining about raising prices of food, gas, housing, everything, and then believing in the official propaganda of "no inflation" in the past 7 years. Are you kidding me? Is your insurance cost the same as 7 years ago? Is the grocery bill the same? Cars cost the same? Maybe equities propped by inflationary policy have the same price?
I don't care if Nobel Price in Economics Krugman tells me I have no inflation for 7 years when I have been shopping for 7 years, watching equities and bond markets, just to know better. Sure, Keynsians are paid "economists" to peddle the idea of no inflation, they are all paid by Government. What do you expect them to do? Report 5-10% inflation y/y ?
And inflation is often hidden: $50k BMW 5-series is now 4-cylinder. Used to be 6. The can of coke in Germany for 1 euro used to be 330ml. Now it is 250ml. Price stays the same. So on, so forth. Isn't that inflation?