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12/29/09
At what point do those who promote and/or vote for ever increasing sums
of municipal debt to finance what may not be necessities, bequeath an
unsustainable burden on the future incomes of a community’s young?
In every deliberation
we must consider the impact of our decisions on the next seven generations
The "point" of irresponsible burden of debt is reached when the generation benefiting can not pay for the benefits they receive. This rule in a just government must apply to all with the sole exception being the defense of the nation. War debt alone may be extended to the next generation. BB
1 comment:
The "point" of irresponsible burden of debt is reached when the generation benefiting can not pay for the benefits they receive. This rule in a just government must apply to all with the sole exception being the defense of the nation. War debt alone may be extended to the next generation. BB
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