>It's kind of silly to spread corporate and government debt across all people.
Why? The most indebted (how may have billions the bank) still need to have others work for them in order to repay their debt. Billionaires earned billions because "people" work for them (or buy from them, in the end that's the same thing).
There's a real difference between taking out a loan to buy consumables/non-revenue generating depreciating assets and corporate debt that is taken out on the expectation that there will be a higher return on them.
In a sense rising corporate debt is a vote of confidence in the growth of the economy as lenders are expecting to be paid back with interest.
Government debt is somewhere in between IMO, since it has stimulative effects and the government captures some of that through taxes.
