We should be motivated by our next generation to live up to our responsibility as political leaders and constituents so we don’t leave children like my son cleaning up our mess. Now is the time to start spending responsibly because it’s the right thing to do.
To put it in simple terms: If I commit to owe you $100 a day for the rest of your life, but I only make $10 a day; there can only be one result: economic failure. Either you only get $10 a day, or I keep borrowing $90 until the credit is completely maxed out. Eventually we will all go bankrupt, our deal is lost, and our houses fall down from neglect.
We must be fiscally responsible with our current budgetary spending to make sure we don’t continue to kick the can down the road and get in this mess ever again.