It cracks me up when people claim that we are bankrupting our grandchildren through faulty fiscal management of our nation. The fact of the matter is that our nation is financially no different than any other corporation in that it has no maturity date. Maybe it should?
Thomas Jefferson was a strong advocate of limiting governmental time horizons to 40 years, meaning that what laws one generation produces might not be in the best interest of the next. The same can be said for corporations who have become experts at navigating the chicanery of our nations inner halls with or without our understanding, permission or authorization as citizens.
Why do we hand such important long term projects to politicians in the first place? After all, most of these characters were empowered by the corporations we are trying to tax and regulate in the first place. Not to mention the fact that they employ most of us and as of about 2 years ago, have the same voting rights as the rest of us who actually have a heart beat in lieu of a lobbyist.
Why not hand the keys over to the next generation? Strip them from the politicians, the lobbyists and the corporations and hand them to the kids. The kids being our best and brightest from our nations best economics departments . Three from each state along with their professor, maybe have the top three from the IRS, Intuit, and sequester them in a room with two phone numbers. The first phone number to Bill Gates and the second to Sergei Brin. This level of economics IQ, tied with the IRS, and software skills of Gates and Brin would most certainly produce a solution.
Obviously what we have been doing has not worked, just look at the price of gasoline and the size of our budget. We have become Rome much quicker than the first and we need to work our way through the problem with the best and the brightest rather than with politicians and corporations.