It should be – because this is exactly where the humans aim.
Last year overshoot day was on July 29th. The date when we consumed the Earth capacity to regenerate the CO2 emissions made that year. Development over the last years is visible on the chart from https://www.overshootday.org/
But no worries we’re not going to pay this bill. It will be paid by the next generation – by today’s children. That’s our gift to them.