Comment #88 strikes me as a very popular view, but also quite confused. I applaud the commenter's explicit identification of debt -- household debt here, public sector debt there. Indeed, most people just call it debt, which makes the whole thing a jumble with no solution.
"Most people just call it debt, which makes the whole thing a jumble with no solution."
More recently (1 January) I happened upon excerpts from Where Keynes Went Wrong, by Hunter Lewis. The excerpt from Chapter One includes the paragraph shown and highlighted here:
Man, I need a steadier hand!
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