Intergenerational Burden Quotes

What does one have to do today to reconcile France? Distribute public money - that's what some expect, especially the radical left. They think that you help people by handing them money. But that is a fallacy because it is not me distributing the money, but rather future generations.

We need a wealth tax that on a one-time basis is going to take back at least some small fraction of the great windfall that the upper 1 percent, or 5 percent and pay down the government debt, pay back the federal debt because we can't put this on the next generation or they're going to be buried paying taxes.

Either we pay the government's bills, or we leave them for our kids to pay. It's that simple.

The Irish turned in on themselves and bid up their own land prices in the most extraordinary ways... The Irish people stepped in and guaranteed the banks, and committed to repay sums they can't afford to repay, and essentially committed themselves to generations of suffering.

We're doing terribly. We're leaving these unborn children trillions of dollars of debt, which is just horrific. We're leaving nuclear weapons - enough to end life as we know it - all over the planet. We're leaving a legacy of violence and killing and guns.

The notion of ever more old people needing ever more young people, who will in turn grow old and need even more young people, and so on ad infinitum, is an obvious ecological Ponzi scheme.

What's just about a generation of people who rack up government debt for their own health care and retirement - while leaving their children and grandchildren to foot the bill?

If one generation is expected to carry an excessive burden on behalf of another, it will seek by every means to avoid it. It will either demand that past promises are broken, or it will not work, or it will not pay taxes, or the most talented people will leave. Socialist governments which have tried to tax 'till the pips squeak' have ample experience of that.

Increasing America’s debt weakens us domestically and internationally. Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.

Career politicians in D.C. have shirked their responsibility to us for decades. At every turn, they've kicked the can down the road, pushing the burdens of our problems and our debts onto our children and grandchildren.

Plus, 40% of our debt is owned by foreign interest. I can't support a plan that passes along cost burden to our children and makes us more reliant on foreign dollars.