> “There’s going to be a generation of voters that can’t get anything they want, because all the money has been spoken for.”
Interesting to hear an expert take from someone with decades of experience show some empathy to what likely will be GenZ or Gen Alpha. I've been saying for a long time now that govt debt is a very problematic tool because it allows today's leaders to create obligations for folks who didn't vote for them (likely couldnt vote at all). Even in perfect intentions it's not consensual to burden future generations with debts they had no voice in choosing.
Interesting to hear an expert take from someone with decades of experience show some empathy to what likely will be GenZ or Gen Alpha. I've been saying for a long time now that govt debt is a very problematic tool because it allows today's leaders to create obligations for folks who didn't vote for them (likely couldnt vote at all). Even in perfect intentions it's not consensual to burden future generations with debts they had no voice in choosing.