by Morgan Freeberg | February 27, 2009 11:52 pm
There is, of course, another responsibility we have to our children. And that is the responsibility to ensure that we do not pass on to them a debt they cannot pay.
— President Barack Obama, during the State of the Union Address[1], after promising a litany of February-Christmas goodies that would have embarrassed Clinton, Carter, LBJ and maybe even FDR.
Cross-posted at House of Eratosthenes[2].
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