[imtringued]

Does your country suffer from unusually high employment in full time positions or why are you worried about debt? Debt is a way to make people work today for a future reward.

If people don't work they lose their productive output irrevocably and can lead to a cycle of poverty. The damage caused by unemployment is far worse than any damage caused by debt because debt can be reversed easily once you have mild inflation around 2-3%. Just the effects of inflation alone will reduce the debt burden, let alone the potential tax increases through higher employment or the economic growth that will happen once the economy is no longer broken.

[emteycz]

Yes, the unemployment rate was around 1.5%-2%.