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jay_kyburz 5 days ago

> I suggest that it is not, and for reasons that apply to government too.

I disagree, I think it is useful, and in fact important for young people to carefully consider the size of their mortgage and the interest they have to pay.

A persons long term financial health can be greatly impacted by the size of their mortgage, and I would always recommend taking the smallest possible loan. Taking a mortgage only makes sense if you would otherwise have to pay rent.

Same applies to governments.

In fact, I go one step further and think its shocking that one generation of people would leave behind a massive debt for their children and grandchildren have to service.

I don't agree with how DOGE is going about things, and I'm not a US citizen, but I strongly believe governments should be generating surpluses for their children to enjoy, not deficits for their children to pay off.