Ohio conservative Jim Jordan speaks out for generations not yet born.
Government spending at its current level is “immoral, wrong and unfair” to the future generations that will be left to pay off ever increasing amounts of debt, Rep. Jim Jordan, the chairman of the Republican Study Committee tells Newsmax.TV.
That’s why the new budget proposal the committee revealed on Tuesday is so much better than another GOP proposal put forward by Budget Committee chairman, Rep. Paul Ryan, he said.
“We have a debt that is bigger than our entire economy, a debt that’s bigger than our GDP,” said the Ohio congressman. “We have to talk straight with the American people and say we are now making interest payments of $230 billion a year and that is going to increase dramatically over the next 10 years to where interest payments will be bigger than what we currently spend on national defense.
“It is immoral, it is wrong, it is unfair for one generation to live for the moment, to spend for the moment and send the bill to our kids and our grandkids. That is just wrong.”
Jordan said one of the things that makes America great is the concept that each generation makes sacrifices so their children can have a better life than they had. “Each generation has done it for the next until now.
“For the first time in American history we have a generation of Americans living for the moment and saying, ‘That’s OK, and we will send the bill to someone else.’
“We need to make that case and spell out what happens if we don’t begin to fix it, that we will in fact have a debt crisis just like Greece, just like Italy, just like these other countries are facing today. That should not happen to the greatest country in the world and that’s what our budget would prevent.”
This is why we should not believe the Democrats when they tell us sob stories about need to spending more money “fore the children”. The only thing that the children will get from the Democrats is unemployment and debt.