Can somebody explain this logic?

I'm $10,000 in debt, so the best thing for me to do is raise my debt to $30,000 then cut it in half over the next 10 years.

How is that a GOOD thing for me?

It's what Obama and congress are doing (on a scale of trillions of dollars), and it's obviously logical to them.
Update: my plan: cut subsidies and tariffs, cut taxes for business expansion and for all taxpayers, let the housing market find it's true bottom, no bailouts - let the market weed out the weak and inefficient, and no earmarks and wasteful pork
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