You are hearing and will continue to hear Congresspeople and Senators, mostly Republicans and a few Democrats, howling about "passing along debt to our grandchildren!"
Since 1791 the US Government has had a national debt. It was $75,463,476.52 in that year. Every non-balanced budget has added to our national debt. George Washington's grandchildren had debt bequeathed to them by the great man and his Congressional colleagues.
When you hear all these sanctimonious clowns saying the budget will overburden our grandchildren, ignore them. If you're nasty, you could write a letter to your local paper's editors and to your Republican members of Congress asking where their concern was when the late unlamented President Bush nearly doubled the national debt from $5.7 trillion to $10 trillion from 2000-2008.
Posted by Linkmeister at February 26, 2009 12:06 PM | TrackBack