“There is a canyon size difference between prudent debt and debt accumulated for UNPRODUCTIVE purposes. Buying a house with mortgage is prudent. Buying a Corvette on borrowed money is not prudent debt.”
True.
Neither of those purchases are blowing up the economy though. Unless you compounded those purchases massively.
Besides, if I buy inflated real estate in a deflationary environment, it could take me 15 to 30 years to clear the mortgage.
The corvette depending on model & year would be easier to pay off, during the same deflationary time period.
Look at the federal budget with focus. MAJORITY OF SPENDING IS for welfare in various forms. $600/week bonus for remaining unemployed?