Few countries in the West have debt and borrowing under control.
https://www.graphicmaps.com/countrie...-the-most-debt
The reason is simple, we've given away our manufacturing industries and this has led to more people relying on the governments for money and less money coming in.
All you guys are doing is arguing over where the deck chairs should be on the Titanic.
Will the debts ever be called in like they are in Greece? That's all you need to worry about.