Quote by Richard Lamm
Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want - and their kids pay for it.
Summary
This quote highlights the contrasting perspectives on Christmas and deficits. It suggests that during Christmas, children freely express their wishes to Santa, and adults financially fulfill those desires. In comparison, deficits imply that adults dictate their desires to the government, which leads to an accumulation of debt. The quote underscores the idea that deficits ultimately burden the younger generation, as they will be responsible for paying the consequences of the government's decisions.
Topics
Government
By Richard Lamm
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