Do not make the mistake of thinking that because my conclusion is the same as another person's that my reasoning is the same
Snowballing Debt Awaits Tomorrow's Taxpayers
Ronald Brownstein
December 1, 2003
Seniors with big prescription drug bills, health maintenance organizations awaiting lucrative new subsidies, upper-middle-class families anticipating a fat tax refund, and Iraqi cities expecting new schools or hospitals all have reason to be thankful about President Bush's extraordinary success at pushing his agenda through the Republican-controlled Congress this year.
There may be less celebration among the young people who will inherit the tab for these initiatives. Bush is funding every penny of every one of these goodies by increasing the national debt. Which is another way of saying that he's sticking the bill to the next generation.
The scale of the transfer is dizzying.
Posted by P6 at December 1, 2003 10:36 AM | Trackback URL: http://www.prometheus6.org/mt/mt-tb.cgi/2394