Earl Wilson: Future Money

Posted by admin on Tuesday, June 14, 2022

Meaning of Earl Wilson Money Quote: saying because we’re spending the money of our great-grandchildren, that they should be able to see us spend it. Earl Wilson said:
Can't be here to see all the wonderful things we're doing with their money Quote

“Isn’t it a shame that future generations can’t be here to see all the wonderful things we’re doing with their money?” — Earl Wilson


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In this quote, Earl Wilson is commenting wryly on how the current generation spends money and accrues debt that will impact taxpayers and citizens in the future.

When he says it’s “a shame that future generations can’t be here to see…their money”, he means that policies and programs funded by borrowing against future tax revenue effectively spend money on benefits today that will have to be paid back by and burden people not yet born.

The quote suggests Wilson views this intergenerational transfer of costs with skepticism, implying it is done without consideration for how it will affect the financial obligations of generations to come.

Overall, he is critiquing how much the present prioritizes short-term gains over long-term fiscal responsibility for the taxpayer dollars of not just the current population but also their descendants.

Birthday: May 3, 1907 – Death: January 16, 1987

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