If this keeps going, and the current government is only adding to the debt, soon all of your income tax will go towards paying the debt. Then, they will have to impose new taxes or bring in more people just to get more revenue. Where do you think this will lead?
The debt is manageable - until it isn’t. And that time is fast approaching after the explosion of unsustainable spending during the covid years.
The time for moderate and gradual cost-cutting measures is over. We need drastic spending cuts.