Government debt is delayed taxation. If you assume that private sector is more productive than public sector, then it makes sens to delay taxation, because GDP

Government debt is delayed taxation. If you assume that private sector is more productive than public sector, then it makes sens to delay taxation, because GDP growth will be higher. Same tax/GDP share with debt pays you more with the same money. The nominal sum growing means nothing. The thing to watch is debt to gdb ratio and debt service cost to gdp ratio.