If you think national economies work like household finances, then you really don't understand economics. It would take way too long to explain exactly why you're wrong, but consider that you don't change your household revenues with the stroke of a pen. It's an entirely different system.
However, as has been mentioned to you numerous times before, even in household finances, what's more important than your absolute debt is your ability to service your debt. If someone has millions of dollars tied up in assets, a $100,000 loan is nothing. When someone makes $25,000 per year, a $100,000 loan is massive.
When it comes to debt $1 is not the same as another $1.
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