Borrowing from our grandchildren

Mitt Romney said something that really resonated with me but then got lost in the noise caused by Obama’s Epic Debate Fail.

Let’s go back to that first debate:

LEHRER: … Governor Romney, you — you go first because the president went first on segment one. And the question is this, what are the differences between the two of you as to how you would go about tackling the deficit problem in this country?

ROMNEY: Good. I’m glad you raised that, and it’s a — it’s a critical issue. I think it’s not just an economic issue, I think it’s a moral issue. I think it’s, frankly, not moral for my generation to keep spending massively more than we take in, knowing those burdens are going to be passed on to the next generation and they’re going to be paying the interest and the principal all their lives.

And the amount of debt we’re adding, at a trillion a year, is simply not moral . . .

I never heard a politician put it so bluntly before. He is correct too. It is simply wrong for us to bail ourselves out of trouble by putting our children and grandchildren into debt. I’m not saying that government should never incur debt, I’m saying that running up deficits year after year simply has to stop.

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32 Responses to Borrowing from our grandchildren

  1. myiq2xu says:

    Whether we should cut spending or raise taxes is a whole different argument. I’m just talking about the national debt.

  2. blowme0bama says:

    We’re going to have to grow ourselves out of this mess AND cut spending. You can’t tax debt this large away, e.g., laffer curve.

    • catarina says:

      I hope my dear friend who hasn’t spoken to me since 2008 reads that.

    • HELENK says:

      of all the many sins of backtrack toward this country the dividing of people has to be one of the worst.
      a nation divided against itself can not stand.

      I will never understand the drawing power of backtrack? He had nothing, if you read about him he is an enemy of this country

  3. catarina says:

    Each American’s Share of Publicly Held Debt Is Skyrocketing:

    “As Washington continues to spend dramatically more than it can afford, every American will be on the hook for increasing levels of debt. Without reining in spending, the amount of debt per citizen will skyrocket.”

  4. driguana says:

    For whatever it’s worth in this big mess, I went and voted today for the first time in 44 years!!!! Got my little red, white and blue “I Voted Early” sticker and I feel pretty good about it. Much of my attitude change for wanting to do this came from all of you here in “The Hole”….thanks…..Fire in the Hole!!!

  5. myiq2xu says:

    That line probably put Virgina out of reach for Obama.

  6. FLVoter says:

    A few years ago I used to comment at The Confluence and Talk Left, but they both took leave of their senses. I am a frequent reader but never comment anywhere anymore.

    I am an “anybody but Obama” voter. If that means that I need to vote for Mitt Romney so be it. I voted for a Republican last time and my head did not explode. Honestly, I don’t see a President Romney to be worse than President Obama. Mr. Obama has no plan for the future and even if he does provide one now, the big question is “Why didn’t he implement it in his first four years?” At the very least with a President Romney the press may actually remember their jobs and start doing it again. Even if Mr. Romney cannot fix the economy, shrink our debt, or anything else, getting the press independent again will be worth it. The United States of America has been around for over 200 years, we can survive another Republican administration.

    BTW, someone should tell the Democrats that I am a Hispanic woman who lives in Florida, I vote in every election and I care about more issues than immigration and reproduction. It is actually insulting to my intelligence to think that these are my two important voting issues. Protesting in vagina outfits alone is enough to make me vote for the Republican.

    There were two grown- ups in the room last night at the debate, one was the moderator and the other was Mr. Romney. No wonder Mr. Obama has not been able to get anything substantial passed through Congress if he treats them like he treated Mr. Romney last night.

    Early voting in Florida starts October 27. At this time based on what I am seeing in Democratic South Florida, Mr. Obama will not carry Florida. Back to stealth mode. I enjoy your place, always a good read.

    • myiq2xu says:

      If Romney wins one of two things will happen:

      1. He’ll do a good job and get reelected.

      2. He’ll do a bad job and we’ll replace him with a Democrat in 2016.

      • FLVoter says:

        Either way its still better than another 4 years of Mr. Obama and the plus side is the press may become independent again. I am tired of having the press being part of the Obama Administration. Anyone not willing to roll the dice with Mr. Romney should change their meds.

    • Underwhelmed says:

      Except the press won’t be independent. I think that ship has sailed away … on top of the ocean, not underneath it. A Romney administration will be attacked and lied about and undermined from the get go. The difference this time, please God, will be New Media, which has done such a great job of redressing the balance.

      • myiq2xu says:

        A Romney administration will be attacked and lied about and undermined from the get go.

        I prefer that to the lapdog media we have now.

        • Underwhelmed says:

          Yeah … I get where you’re coming from, but that scenario revolts me as much as the wall to wall lies abounding now. Sometimes I just reel from the dishonesty and willful perversion of people’s trust.

        • myiq2xu says:

          I would love to see the media be anti-whoever is in power.

      • driguana says:

        You’re right….I think the New Media boat has come in!!!

    • Lulu says:

      This is a great comment and you should do it a lot more often. I agree with you totally.

    • swanspirit says:

      Hi FLVoter waves hello …

    • votermom says:

      Hope you comment a lot more , FLvoter!

    • Pips says:

      Hi FLVoter. I’m with you all the way – and the following especially resonates with me:

      “At the very least with a President Romney the press may actually remember their jobs and start doing it again.”

      And I’m not even in the USA! It’s clearly a global dis/illusion!

    • lyn5 says:

      Obama only can win when he cheats.

    • I doubt this will be a big deal other than to Obama’s base. Isn’t the allegation that Romney counseled the woman not to have an abortion?

    • Underwhelmed says:

      I’m not an orthodox Christian by any stretch of the imagination, but I’m typing this on my knees, praying till my gums bleed that this despicable tactic backfires so enormously the echoes will rebound unto the 14th generation! These unspeakable people are the walking, talking personification of evil.

  7. carol haka says:

    Sarah Palin has been saying that for 4 years. And, you can’t get more blunt than Sarah Palin. 👿

  8. Erica says:

    I was talking with my daughter about this. A big reason for voting RR is I don’t want to saddle my kid with unbearable debt.

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