Some how American's have gotten use to the idea that their grandchildren won't mind if we spend their money.
It started out innocently enough we spent their money for things that they might grow up to enjoy like dams and roads and utility systems. Then some how our politicians decide that spending their money on freedom maintenance payments to foreign countries was somehow a benevolent expense that they would not mind.
Of course taking care of their aging parents was a worthy expense and maybe even paying for some of their medical issues could be justified but the politicians were only getting started. Welfare made some sense who else would pay for them. Surely we can't be expected to do it and heaven for bid that they be held accountable for their own sins. Thomas Jefferson must have been evil man to say the poor should not be comfortable in there state of being.
Don't bother us with the details, how can we invest in the future if we have to pay attention to the infrastructure costs. After all the up-coming generation was going to enjoy a quality of life as never before imagined. It is only a small problem that deterioration and obsolescence didn't figure into the original calculations. Now we have the opportunity to to spend more of their money to replace things that they originally paid for and haven't yet grown up to use.
Never mind the trivial issues of infrastructure or world peace. We have the sick, the lame, and the lazy to deal with. They don't carry their own weight but that's okay their Americans so the rich can be taped for that. The rich and their children owe it to those who didn't have the silver spoon at birth and aren't listed on the inheritance schedule.
Public service use to be an offering of one's time, talent, and money earning capacity for the betterment of society. But that kind of got to be a drag and once the scoundrels among us realized that election to public office gave them access to the public treasury Katy-bar-the-door. Realizing that reelection was a necessary evil handing out money to other public service employees was a natural idea coming to its time. When the tax money got tight offers to pay bond holders interest on their savings swindled even the prudent out of their children' s money. Does evil genius ever stop? With the short time stimulus and public sentiment about public spending coming to an end offering benefits to the public employees as opposed to higher salaries appeared to be a new swindle that would be under the radar and extended the charade but it also fortuitously stuck the public hand deeper into the pockets of the kid's kids. What a stroke of evil genius.
Unfortunately, all good things must come to an end but public spending only looks for more patsies to pilfer. So if we, including the prudent, are to continue to enjoy the benefits that we have become accustomed to then to heck with owing it too ourselves we must include all of those nations that are prospering because of our reckless spending both public and private and extend our swindle to them, it is only fair. Surely the good faith and credit of the united states can extend the good times for who knows how long. Besides, why exclude the children of the world from paying for our good times.
Sha-zam the gig is up and those pesky foreign accountants are suggesting the our credit isn't what it's all cracked up to be. Now what do we do. No way am I going to give up my cushy, bigger than it needs to be, home, high salary, exorbitantly costly public services, or nary a cent of my retirement. Don't even think about it. Yea, I know what the problems are with printing money but a guy has to do what a guy has to do. Besides it only screws the kids. We will be long gone before they even know what hit them.