"the current conventional wisdom is so foolish as to book that count on the wrong side of the ledger."
Never seen that. Thanks for sharing as it might be a great way to drive point home to business types. The amount of code certainly turns [for developers] from asset into a liability as it's size and usage grows. Hmm. Maybe such a presentation could always consider the amount of code a liability or neutral asset that produced benefits on the other side or reduced them. A well-stated connection between the two might justify reducing technical debt.