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| "What weighs more heavily on the next generation?" | |
From sobers on July 21, 2009 at 3:41 am. Public debt is worse because mortgage debt has an asset attached (the house). Unfortunately no citizen can ask for his share of govt assets to be sold to cover his share of govt debt. Thus upon being born you are totally liable for your share of govt debts, but have an asset to put against your parents mortgage debt if you inherit it.  Comment ID: 1248165688; Posted by User Originating from IP Address 81.132.64.x If you believe this posting violates Pollcode's Terms of Service, we want to hear from you. Please don't just say someone is being "mean", that does not necessarily constitute a violation of our terms. | |