Balanced Budget Is the True Immoral Burden for the 'Grandkids'

What’s the bigger generational burden: small amounts of annual borrowing to pay for small governmental overages in a nation full of 20 percent taxed middle earners (governments can't borrow substantial sums on average taxpayer earnings), or a much bigger budget in balance via nominally light, 1 percent flat-tax style taxation of a numerically small 0.001 percent dense with wealth of the Elon Musk variety? Clown question? If only.

So focused are deficit and debt hawks on the alleged immorality of debt left to future generations that they gloss over the true burden of government spending: it’s an enormous tax on progress in the present as central planning of resources always is, which means the real burden of government consumption is the much less evolved society left behind for future generations in concert with a much bigger government to maintain.

 

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