For me, the most entertaining phrase to come out of the stimulus debate has been Senator John McCain's (R-AZ) poetic "Generational Theft." I take it that he means that if Congress passes this bill, we are effectively stealing from the next generation as the bill will be due in their lifetimes. It is truly a masterful phrase that gets right to the heart of the matter, at least, in Senator McCain's mind.
However, no matter how clever the phrase, it's not only the next generation that will have to pick up the tab, it's ours and probably the next three after. It began when the deficit doubled over the last eight years. It began when the powers that be relied on the private sector to invest in the country when all the private sector cared about was the bottom line. It began when we started blowing up things instead of building them.
The fact is, Congress has been mortgaging the future of this country for a long, long time. So, I guess you're right, Senator McCain. Unfortunately, we have to do something because your ideas, and the rest of your party's, are bankrupt and I blame those ideas for where we are today.
Thanks a lot!