Excellent post on paying down technical debt. This is an excellent analogy for something many of us have known in our guts for some time, but have trouble articulating so clearly. I can think of several occasions where I’ve had to explain this concept to a big boss. I’ll keep this article handy now for explanation.
One more analogy I’d add: when you find yourself in serious need of a re-write, that’s the equivalent of technical bankruptcy.

Thanks for the link. I’ve been trying to sell this up the chain for a while now and this article will certainly help.