> With level of debt and borrowing, cannot afford more spending It doesn't matter how much debt you have if taking on the debt raises your revenue by more than

> With level of debt and borrowing, cannot afford more spending It doesn't matter how much debt you have if taking on the debt raises your revenue by more than serving the interest payments. Imagine telling a corporation they can't borrow money at 3% to grow 15% because "debt is bad." Or telling someone who needs a car to get to work that they should go without a car (and thus not become employed) rather than taking on a car payment because "debt is bad." And on this front, the US has been doing great (but is currently shooting itself in the foot under the new administration)