Government debt and household debt are not the same thing. The politicians know better but they know people don’t. So they really lay it on thick to equate the two things.

Your debt isn’t creating jobs or industries. Government debt does. You’re not able to sell your debt. Government can.

I think technically, there isn’t a ceiling for how much debt a country can take on as long as it’s growing. It’s not great, but also I don’t think it’s as bad as people think