Not all debt is created equal. Meaning that something like a Million Dollar debt for some people would be a major burden but for others would be a minor inconvenience.
Our National Debt can be looked at in a similar way. Our debt today compared to our Gross National Product (Gross Domestic Product) and our true National wealth is nothing when compared to our debt during World War II.
To win that war we had to make big sacrifices in life, time, and property. We had to do the same to win the Cold War (WWIII) and we will have to do the same to win the present war. Regardless of what you call it, WWIV or the War on Terror or Islamofascism we have to win it and more public debt may be one price or sacrifice we have to pay.
Yes but today we don't want to declare war, draft, ration, sell War Bonds, and put Rosie the Riveter in the factories. Afterwards we created the post-war industries with jobs to provide exports to the world. Today we make war on words and rally the nation with 'shop till you drop' and after you drop we will borrow some more money from China and mail you a stimulus i.e. 'booster shot' to mall some more.