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Originally Posted by dklassen
I agree. Saddling our children and grandchildren with new trillions of debt we can't even pay the interest on is a pretty good direction. If you add in bankrupting the government, nationalizing banks, nationalizing the American car industry, crippling our counter terrorism agencies and taxing everyone into the poor house (which is coming), we have a winning combination. Your right, it does feel good.
With any luck they will take over health care and put it on the same track as social security and medicare. Oh wait, those are going broke too. A job well done.  |
What's wrong with our kids and grandkids taking over the payments of the national debt?
In comparison to the last few generations, the under-45's have it pretty good. No draft, plenty of toys, a better standard of living than we all had, longer life span.....I could go on and on.
Add to this grandparents are raising more grandkids than ever, so the under-45s can "find themselves" or "be themselves."
There are a lot of complaints that the national infrastructure is decaying, but it still is more expansive and serviceable than what existed 40-50 years ago.
We paid off debts incurred (and foreign aid due to) World War II, Korea and Vietnam. They now have GulfI, Iraq and Afghanistan - much smaller cost-wise in comparison).
We've gone through our ups-and-downs economically, so the problems of today are no worse than what we have weathered in the earlier decades. The only real difference is there is better press coverage of today's woes to keep people whipsawed.
Considering the "value of a dollar" today in comparison to past times, they are no worse off than we ever were. Also, considering they want government to do more (national health, more welfare, etc.), that costs, and if you want it, you pay for it.
All in all, they have it better (and cheaper) than we did. So they don't get a totally free ride at the expense of our labor and have to pay for running the nation and its recent expenses. That's just the way it goes, and has gone, since 1779.