Thought this as fascinating insight on every leftists favourite economist and anti-Christian, John Maynard Keynes;
“It has been nearly sixty years since the Keynesian revolution. The effects of the “short- run” and “childless” philosophy of Mr. Keynes are clear: nearly all western governments have followed the Keynesian prescription of spending and consumption, and have run large annual budget deficits for decades. In Canada, the federal debt is now approaching a staggering 550 billion dollars, and the country is joining the ranks of Third World nations in terms of its level of public debt (we are just behind Burundi and just ahead of Morocco). Interest payments on the Canadian federal debt are now the largest single government expenditure.
Our public debt represents our lust to consume today without thought for tomorrow. We have, in large measure, spent our children’s inheritance (as my least favourite bumper sticker reads). We have, to put it very bluntly, practiced homosexual economics, but we have not, as Mr. Keynes expected, spent ourselves into prosperity.
The long-run is now here. And while Proverbs 13:22 says “A good man leaves an inheritance to his children’s children,” the tremendous public debt and, perhaps more importantly, the short-run debtor mentality that we are passing onto our children is a sad inheritance indeed. If there is to be a future we must return to Wisdom. “Know that wisdom is thus for your soul; If you find it, then there will be a future, And your hope will not be cut off” (Prov 24:14).”