victor, make no mistake, this is a real debt. It's money the US owes but, Congress, Republicans and Democrats alike, don't seem to be concerned about it. The only time politicians are worried about our debt is when the other Party is in office. When their own guys are in office, they spend like drunken sailors and put it on the tab.
I have been railing about our out-of-control debt for years. No one is concerned, as I am. Indeed, every time a Republican gets in they cut taxes, putting us more and more in debt. If they were concerned about our debt they would make some effort to balance the budget.
If they aren't worried about it, I have no reason to be worried about it. It certainly seems like irresponsible management to me but, Congress will have spent over $5 trillion dollars to bolster the economy this year and next, due to the COVID virus. Where did that money come from ? They put it on the "card". There's no reason to examine our spending when politicians, who we can't seem to control, aren't worried about it.