VinTek wrote:Actually, the debt was going down when most of that stuff was being built. We peaked in debt as a percentage of GDP in WW2 (and I think even you would agree that it was a good thing that we won that) and except for the Reagan/Bush1 and Bush 2/Obama years, had been going down ever since. So with the exception of those years, the Boomers seem to have been keeping debt in check, all while creating new things upon which modern society is based.
It was under the greatest generation control, not the baby boomers, that the Debt was decreasing. The debt began increasing as a percentage of gdp as the control started to phase away from the greatest generation and began being taken by the Baby boomers. I doubt that 18 year old baby boomers had much effect on national debt and direction of the country. Power dynamics and shifting of control begins when the new generation begins reaching their 30s and start taking higher positions such as managerial and political power.
kombat wrote:See the statement and chart above. Debt was going down during the years in which the majority of those highways were being built. Debt really started climbing during the years in which...wait for it...the Gen X folks became eligible to vote. As for the figure of $14T, let's just say that most of it also came during a time when Gen X had the power to vote.
Look above, being 18 years old does not translate into them holding political power. The current mess is the fault of baby boomers (and older generation X) greed and wrecklessness. It is understandable given that they grew up during the most prosperous era in American (world?) history and it may have skewed their outlook, but the result is that everyone is paying for it now.