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Future Generations

Paul08 Wrote: Dec 05, 2012 9:35 PM
I've thought the election of 1940 was the critical election. FDR defied the history of the United States by running for a third term and the American people supported a man who disregarded the George Washington precedent of only serving two terms.
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...