exactly. That is the difference between short term. thinking......and long term. This is where China is smart........They plan with the future in mind..........I used to not worry too much about the debt. I figured we could live on the credit card until I kicked the bucket, and I don't have kids, so what do I care?
Not so sure nowadays, since both parties have abandoned all semblance of fiscal responsibility.
If the debt grows by a trillion a year in good economic times, imagine what'll happen in the next downturn.
Reality is that as citizens of a nation.......we have a responsibility to elect government who exhibit fiscal intelligence.