Айнхорн!

[birdwatcher]

"I have titled today’s talk Good News for the Grandchildren. By that, I mean that I do not believe that there is a need to worry that today’s debts will be passed on to our current youth. Before this recession it appeared that absent action, the government’s long-term commitments would hit a wall in a few decades. I believe the government response to the recession has created budgetary stress sufficient to bring about the crisis much sooner."