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  Basically, the American people are indebted to the sound of $17 trillion.
  Plus local state and city budget debts. Plus private debts, including mortgages.
  
  The Republicans have understood that the public debt cannot be just "passed on" to the next generation.
  
  The alternative is like Labour in Britain:
  the granddad passed the public debt down to the dad, who passed it on to his son, who now wants to hand it further to his own son and grandson.
  It always gets bigger.
  
  People don't know why they vote Labour, but do so because their dad and granddad did.

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