Quote:
Originally Posted by jimbuna
The cuts in spending and the tighter measures that will be needed allied to possible tax rises and whatever else the politicians deem necessary will surely have an impact on the future adult generation/tax payers.....namely our offspring/children.
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Wasn't that always the plan to begin with?
Borrowing money left and right and leave it to our children's children to pay it back.
I believe every western country has been using this "strategy" for the last 40 odd years.
Unfortunately it seems we borrowed faster than our offspring could grow and now our spending is catching up with us and we have to pay the bill ourselves anyway.
