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Future Generations

george33 Wrote: Dec 05, 2012 9:00 PM
This article is just what every high school student should learn. I've been harping on this for the past 20+ years, but especially the last 12 years. I'm a conservative who strongly believes that government shouldn't pass on any debt to future generations, even if we deem it to be for their own good. They didn't vote for it, so they shouldn't be required to pay it. That being said, let me try to understand my grand parents' view. During the depression, people couldn't get jobs, they were starving, and the dust bowl took away many families' ability to even have their own gardens for basic survival. Had the government not stepped in with make-work and other programs, many more would have starved.
george33 Wrote: Dec 05, 2012 9:02 PM
Did FDR play politics with people's lives? Sure, but seen from the victim's eyes, he was a savior.

And some unconstitutional programs that were initiated during FDR's reign actually promoted our country's, and the world's, economic progress. The REA, just to name one, brought electricity out of the cities and into every farm house (except the Amish). This fueled a boom in sales of electrical appliances, radios, TV's central heat and air, etc. How long would it have taken for private industry to justify such an investment in infrastructure? It may not have happened even by today.
george33 Wrote: Dec 05, 2012 9:03 PM
So government can be a force for good, even if it costs us more than we can afford at the time. The big question: Is Obama's spending helping build the country, or build a welfare empire that will keep democrats in power until our economic destruction?
Topeka Wrote: Dec 05, 2012 9:13 PM
My grandparents hated FDR.

Your analysis forgets that FDR's pogroms aided only a few, and then only a select few - not everyone...

But everyone paid a price.

And then you go on to presume that what did happen could only have happened b/c of govt interest. To the false extent that it only happened b/c govt allowed it to happen you may be right - but getting a Mommy May I is hardly a valid argument.

Rural electrification, interestingly, lost a huge chunk of change, and has little to show for itself, since the same govt which created it has seen fit to force the economy into urban areas. Private coops, tho, have done v. well, even b4 the windmill boondoggles.

Just sayin...
Is there any reason for today's Americans to care about what happens to tomorrow's Americans? After all, what have tomorrow's Americans done for today's Americans? Moreover, since tomorrow's Americans don't vote, we can dump on them with impunity. That's a vision that describes the actual behavior of today's Americans. It would be seen as selfish, callous and ruthless only if it were actually articulated. Let's look at it.

Businesses, as well as most nonprofit enterprises, by law are required to produce financial statements that include all of their present and expected future liabilities. On top of that, they are...