The thing is, it was always okay. The reason we didn’t take on debt was because it benefited the German elite. And it’s not “everybody” going into debt, it’s the state going into debt. Which is in general okay, money itself is debt, and nobody wants to abolish that.
What we don’t need is excessive debt without getting anything in return. In a very simplified example, if we bought one tank per year so far, and we make the military budget five times as big, we should get five tanks, not one tank for five times the money. Because in the first place, the five tanks will need five times as many people to assemble it, while in the latter, the economic boost will only boost wealth figures.
The thing is, it was always okay. The reason we didn’t take on debt was because it benefited the German elite. And it’s not “everybody” going into debt, it’s the state going into debt. Which is in general okay, money itself is debt, and nobody wants to abolish that.
What we don’t need is excessive debt without getting anything in return. In a very simplified example, if we bought one tank per year so far, and we make the military budget five times as big, we should get five tanks, not one tank for five times the money. Because in the first place, the five tanks will need five times as many people to assemble it, while in the latter, the economic boost will only boost wealth figures.