If at least local or state governments were barred from loading on debt, these matters would not arise at all. When today's politicians can mortgage the future

If at least local or state governments were barred from loading on debt, these matters would not arise at all. When today's politicians can mortgage the future to pay for present perks, they will surely do it. If each increase in expenses were immediately covered by an increase in taxes, it would make the public much more aware of the costs of political promises.