Mark W. Hendrickson
We older Americans have saddled our youth with a mind-boggling public debt—over $20 trillion already spent ($14.3 trillion of “official” national debt plus various off-budget expenditures, according to the U.S. Treasury); trillions more of projected deficit-spending over the coming decade; and tens of trillions of dollars of unfunded liabilities.
By the time today’s toddlers can vote, it is likely that both the Medicare and Social Security funds will be exhausted. Many of…