Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy.
The question that isso clearly in many potential parents' minds: 'Why should we stunt our ambitions and impoverish our lives in order to be insulted and looked down upon in our old age?'
(The processes are) doubly ruinous: they impoverish the earth by hastily removing, for the benefit of a few generations, the common resources which, once expended and dissipated, can never be restored; and second, in its technique, its habits, its processes, the paleotechnic period is equally inimical to the earth considered as a human habitat, by its destruction of the beauty of the landscape, its ruining of streams, its pollution of drinking water, its filling the air with a finely divided carboniferous deposit, which chokes both life and vegetation.Lewis Mumford