Another good article from Cafe Hayek today, Adults Are Responsible.
Adults' conversations about financial matters are mature and responsible because adults typically earn and spend their own money. Children's conversations about financial matters are childish and irresponsible largely because children live off of wealth earned by adults. "Buy me this toy!" "Get me that dress!" "Take me to DisneyWorld!" - children too frequently issue selfish demands such as these precisely because children have little to lose by doing so. If these demands are met, other people foot the bills.
Sound like any politicians you know?

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