Michelle Malkin » Pelosi: I’m all for balancing the budget… in a few decades:
"Pelosi: I’m all for balancing the budget… in a few decades"
In other words, when Speaker of the House, Nancy Pelosi, is about 100 years old, she would like to see us balnce the budget.But until then, let's all live it up and leave our children with the bill!
Please take time to read this short excerpt from The 15 Trillion Dollar Party (it is 11 months old, so it is a little out of date - If it was written today it was be The 17 Trillion Dollar Party!)
"If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future for your children, your grandchildren and your great-grandchildren would you do it? Well, that is exactly what we are doing as a nation. Over the past several decades, we have stolen 15 trillion dollars from future generations so that we could enjoy a dramatically inflated level of prosperity. Our 15 trillion dollar party has been a lot of fun, but what we have done to our children and our grandchildren has been beyond criminal. We ran up the greatest mountain of debt in the history of the planet and we are sticking them with the bill. Sadly, both political parties have been responsible for the big spending that has been going on. Both Democrats and Republicans have run up huge budget deficits when in power. But instead of learning the hard lessons of the past, both political parties continue to vote for even more debt. They would rather continue to steal trillions of dollars from future generations than have the party end and have to face the consequences."
Recommended reading (my posts):
When Your Outgo Exeeds your Income, Your Upkeep Will be Your Downfall
The Future Children's Project: "Mom and Dad, We're Blaming You
