government debt is not in any way similar to individuals or families who have credit cards or college loans to pay off. for one thing, governments don't actu

government debt is not in any way similar to individuals or families who have credit cards or college loans to pay off. for one thing, governments don't actually "die of old age": > While a household has a finite lifespan, a government has an indefinite planning horizon. So, while a household must eventually retire its debt, a government can, in principle, refinance (or roll over) its debt indefinitely. https://www.stlouisfed.org/publications/regional-economist/fourth-quarter-2020/does-national-debt-matter https://www.stlouisfed.org/publications/regional-economist/f... https://en.wikipedia.org/wiki/Government-Household_analogy https://en.wikipedia.org/wiki/Government-Household_analogy