Imagine with me: you get a credit card when you turn 25. You can spend as much on this credit card without having to pay any of it ever, but your children will have to pay the bill. You might use it every now and then, hoping by spending on it you will in fact make their lives better and allow them to pay it back with ease. You certainly wouldn’t abuse it for frivolous things. Now imagine this is a graph of that credit card in the US for the last 40 years (of all those adults):

So there is your credit card bill folks. We all love to spend without and repercussions, but when our kids are the ones bearing our burdens a few more percent in taxes (especially for those who are already not paying what they should) isn’t going to seem like something we should be throwing a hissy-fit over.Graph made by cactus from Angry Bear. Relevant post here.