The burden of Govt debt does NOT rest on the Govt, but those that pay its way.
If Detroit had the power to "just print money" like the Federal Govt does (by way of the Federal Reserve Bank), gurarteed that it would have. It becomes glaringly obvious that Govts shift that burden of responsibility to the People to pay its bills. Either by direct taxation or inflation (printing the money), the people always pay for every irresponsible action every Govt does. Now if the opposite were true where the Federal Govt did not have the power to print money (again, loaned from the Federal Reserve Bank), it would try to raise everyones taxes to pay for what ever it wants. And the whole country would be in the same shape as Detroit. And no, Im not advocating the Federal Reserve, I believe they are they key problem as to why Govts are so addicted to spending your money. But it does put a leash, a contstraint, a measure of control on Govt. Crashing the economy is probably as unpopular as raising taxes. They'd figure out that if those "leaders" (i.e. puppets of the Too Big To Fail Banks) got voted out (without rigging elections), they'd have to do something responsible. Like figuring out that their jobs directly depend on them cutting their spending on programs like the War on Drugs / NSA / Dept of Education. End result would be not only would we have lower taxes without the Federal Reserve, we also wouldnt have a Govt that subsidises the creation of poverty or subsidises the enstupidation of your children, and would all be much better off for not having a Central Bank.