Debt is a necessary part of life.
We will never be free of certain obligations and the same thing is true for governments as well.
That said, there is a difference between debt and living beyond one’s means.
For our country, I’m more concerned about the latter than the former.
When we are able to pay our debts, its not a problem. We can’t pay our debts our lives are compromised in so many ways.
And we can’t depend on the goodwill of our foreign creditors forever if we can’t pay them back.
In spite of, rather than because of.