http://www.chicagotribune.com/news/opinion/chi-oped0721byrnejul21,0,7206843.story
Dennis Byrne
July 21, 2009
The Boomers are the worst generation.
Certainly, they would never call themselves that. As the title of a 2007 book written by a Baby Boomer brazenly proclaims, they're "The Greater Generation." I suppose the Boomer author can be excused for his excess of self-satisfaction, because Boomers are so loaded with smugness that it's oozing out their ears..............
Every time you take a breath, President Barack Obama (he's on television more frequently than the weather forecast) is pushing through another costly program, rescue, bailout, giveaway -- whatever you want to call it -- that we can't afford to pay for ourselves. So, in a magical example of time travel, he -- we, I should say -- will deliver the bill to the future, with nary a thought of how the future will pay for it.
No need here for a tedious recounting of the huge, impossible debt that we're passing off; it has been outlined enough, but the figures seem to scare few. Our official national debt, the one you hear occasionally debated in Congress, is a sliver under $12 trillion. Sounds like a lot? Then get this: Our true national debt, when you include every cent of benefits promised to seniors, Baby Boomers and other entitled beneficiaries, amounts to nearly $62 trillion, according to the Northbrook-based Institute for Truth in Accounting...................
But wait, that $62 trillion doesn't even include the other trillions for the sugarplums dancing in Obama's head. The additional $1 trillion for health-insurance "reform." An additional trillion or so for the third stimulus package. What else, we can only imagine............
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and so it goes....
big screen TV? You bet...
Hi Def. service? You bet....
Cellphones? You bet....
Ipod? You bet.....
Medical insurance for your kids? No freekin' way...lets not get carried away.....
Dennis Byrne
July 21, 2009
The Boomers are the worst generation.
Certainly, they would never call themselves that. As the title of a 2007 book written by a Baby Boomer brazenly proclaims, they're "The Greater Generation." I suppose the Boomer author can be excused for his excess of self-satisfaction, because Boomers are so loaded with smugness that it's oozing out their ears..............
Every time you take a breath, President Barack Obama (he's on television more frequently than the weather forecast) is pushing through another costly program, rescue, bailout, giveaway -- whatever you want to call it -- that we can't afford to pay for ourselves. So, in a magical example of time travel, he -- we, I should say -- will deliver the bill to the future, with nary a thought of how the future will pay for it.
No need here for a tedious recounting of the huge, impossible debt that we're passing off; it has been outlined enough, but the figures seem to scare few. Our official national debt, the one you hear occasionally debated in Congress, is a sliver under $12 trillion. Sounds like a lot? Then get this: Our true national debt, when you include every cent of benefits promised to seniors, Baby Boomers and other entitled beneficiaries, amounts to nearly $62 trillion, according to the Northbrook-based Institute for Truth in Accounting...................
But wait, that $62 trillion doesn't even include the other trillions for the sugarplums dancing in Obama's head. The additional $1 trillion for health-insurance "reform." An additional trillion or so for the third stimulus package. What else, we can only imagine............
------------------------------------------------------
and so it goes....
big screen TV? You bet...
Hi Def. service? You bet....
Cellphones? You bet....
Ipod? You bet.....
Medical insurance for your kids? No freekin' way...lets not get carried away.....
