As a father, you hope that you will find yourself in a position to pass on some of your skills, knowledge, and success to your children – that what you have achieved will aid them in making their own success. And as a nation, we would like to pass on to the next generation a sense of security and safety about their country, as well as the more tangible skills and knowledge and advancement that the previous generation found to be beneficial for governing our society and enabling the growth and development of business – their measures of success.
However, our government has grown to an extent – and spent to an extent – that is not beneficial, for our generation or the ones that will follow. The Baby Boomer generation didn’t have to struggle with inflation as youth; that did not become a major issue until the 1970s, and largely disappeared in the 1980s. They do not remember the constraints of living in a country whose choices and abilities were hobbled by its debt, nor do they know the kind of sacrifice it takes today to lift those constraints from the future. It was the commitment of their parents – as leaders and as taxpayers – that paid off our country’s debts after World War II and gave them the security and safety they enjoyed in their youth.
Unless we make a commitment, neither our children nor their children will have much opportunity for success, or appreciation for safety and security. We don’t want to leave them with so much debt that the next generation falters, with their ambition and morale destroyed, suffocated by taxes. A shrinking number of wage-earners will receive the legacy of our current debt, for which the only recourse is more taxes. And this course is already underway: next month in Georgia we will see the beginning of new “creative” taxes – such as the increase in gas taxes – that are being implemented because the previous authorities did not take measures to maintain and sustain our longterm financial viability. Our ever- increasing trillions of dollars of debt are in part due to poor planning.
It’s no secret that excessive taxes can destroy initiative. Such suffocating taxes can destroy a generation. Protests of this nature are going on now in Europe.
Why are we not talking about solutions, before it happens here? The next vote on the federal deficit and on our country’s debt will be approved with little or no arguments, and with no other options presented. The burden on the next generations continues to increase. Is this what we want to leave to our children?
We have to start generating champions, not politicians: leaders who will stand up and say no, regardless of the committees on which they serve. Champions that will pass something on to their sons and daughters of America to help them succeed, so they can look to tomorrow and see it being better than today.