It could be beneficial to take on some technical debt to hit deadlines, but efforts should be made to avoid unintentional and reckless debt. A project loaded with technical debt will require far more time, effort and resources to maintain and develop later, rather than initial savings
Technical Debt. Why care about Technical Debt? You can choose to continue paying the interest in working around the problem or pay down the principal, for example by refactoring.
You should care about technical debt - developers must deal directly with technical debt, so while it may make their job easier today, it will certainly make it a lot harder and in the long term, more time-consuming.