•June 20, 2018•

By Jim Nowlan
NP Guest Columnist

I saw a bumper sticker the other day: Ask me how much I love my grandkids.
But do we really love them so much?
In our selfishness, speaking generally, we of the Baby Boom and earlier generations seem to be somewhat complicit in the following problems:
· U.S. debt is greater now than at the height of World War II, which had to be financed primarily with debt. The recent tax “reform” bill has some good points, yet it is to be paid for with $1.5 trillion in additional debt, which the retiree generation won’t pay for—their grandkids will.
· Most of us retirees still receive more from Social Security than we paid into it. That is changing, and for our grandkids it will be the opposite.
· We old farts receive much, much more in health care via Medicare than we pay into it, and the program will place financial heavy burdens on our grandkids.
· Dysfunction in Illinois state government over the decades will burden our grandkids with solving the wreckage.     Login or Subscribe to read the rest of this story.