The effects to future generations
By lilwonders
@lilwonders456 (8214)
United States
March 17, 2009 10:46am CST
Has anyone really thought about what all this spending and new social programs will do to the next generation? How will they feel about all the debt we have left them? With the way the government is spending there is no way to pay it off in my lifetime, so therefore the next generation will be left to pay it. Is that fair? Do they have a right to feel robbed? As their parents shouldn't we be protecting them and their futures better than this?
1 response
@rodney850 (2145)
• United States
17 Mar 09
Lilwonders,
It's really hard NOT to think about what our present administration and lop-sided congress is doing to our grandchildren and their children. I sometimes wonder if they will be born into a free country as you and I were. What president Obama continues to propose with new and "innovative" spending measures almost daily is a recipe for disaster! Many people don't realize that even though the Soviet Union had always had debt problems, for the most part, they were able to refinance that debt in the west, primarily with the US. When Reagan took office in the '80s, he refused to send more money to the Soviet Union and thus the fall! What happens if China decides our liabilities outweigh our assets and refuses to lend anymore money? But still, our president remains adamant about more and more spending to the point of proposing a spending plan that puts our national debt at over 20+ TRILLION dollars! Can you even imagine what the interest payments will be on that? This country is running just a fast as it can toward oblivion and unless America wakes up and restores some semblance of balance in congress in the 2010 elections or even gets smarter and totally abandons the democrat/republican stranglehold and puts independents in power, we are doomed! That's not scare tactics, it's just truth.
