Mortgaging Our Children’s Future? ~ BrainInNYC

One of  the most offensive talking points being spewed by the GOP in their attempts to either stop or slow down the President’s plans to rehabilitate the economy is that by running up large deficits we are in fact “mortgaging our children’s future”  I don’t know about you folks but I find this charge rings rather hollow.

Where were these very same politicians cries when for years upon years our nation’s future was being mortgaged by an ever alarmingly increasing bankruptcy rate as people through no fault of their own were held hostage to an inefficient medical systems who’s cost were growing at a rate of more than double the rate of inflation?

By several measures, health care spending continues to rise at a rapid rate and forcing businesses and families to cut back on operations and household expenses respectively.

In 2008, total national health expenditures were expected to rise 6.9 percent — two times the rate of inflation.1 Total spending was $2.4 TRILLION in 2007, or $7900 per person1. Total health care spending represented 17 percent of the gross domestic product (GDP).

Health Insurance Cost – National Coalition on Health Care

Where were the cries  of outrage as college education costs climb year after year, one of the primary reasons many people take out secondary mortgages on their homes, often unwisely?

NEW YORK ( — The total cost of going to a private four-year college rose to $34,132 on average for the 2008-09 academic year, according to a report released Wednesday.

In-state students at public four-year schools paid an average of $14,333 for the current school year, according to the College Board, a non-profit association of more than 5,400 schools, colleges and universities. That’s an increase of 5.7% from the previous year.

Where was their concern about the future of America’s children as our children are forced to go to school in over crowded school with the building literally in many cases falling down around their heads?

Unfortunately, the same school facilities problems that drew attention in the late 1990s — overcrowded buildings, leaky roofs, and the like — remain unresolved today. We entered the 21st century with one in four schools making do with buildings in poor condition, and one in four schools overcrowded, according to the National Center for Education Statistics. Fully 3.5 million students attend schools that are in very poor or nonoperational condition. In a 2004 study, the American Society of Civil Engineers found no evidence of improvement in the overall quality of school facilities since 2000.

Source Education Week

It’s time for the prophets of Reagan economics to realize that a country’s greatness is not measured by how many names you can cram on to a Forbe’s Magazine list, but is measured by how many heads rest easy at night when turning out the light and closing their eyes weary from a hard day’s work.



Filed under Uncategorized

93 responses to “Mortgaging Our Children’s Future? ~ BrainInNYC

  1. nannymm

    Excellent post, Brian. These people who are griping now don’t care about our kids, their futures, or the state of the economy. Their only concern is to try to score political points against Obama and the democrats. What a bunch of disingenuous hypocrites! As for heads resting easy at night, the only heads they care about are their own. The rest of us can go to hell as far as they’re concerned.

  2. nannymm

    Happy St. Patrick’s Day!

  3. And as the schools in my county decide how many teachers they will let go or if they should close some schools and combine the ones they close to other crowed ones our children are put last.

    Our lottery was suppose to aide the education budget, however as the lottery sold more and more tickets and took in more and more money educations budget was cut and cut til the lottery now funds most of the educational needs in the state.

    Too bad that it does not take in enough to fully fund our the futures of our children.

    Brian you have email.

    Good night and …

    God Bless.

  4. got your email AP, it’s covered.

  5. Oh me bad.

    “Too bad that it does not take in enough to fully fund our the futures of our children.”

    Should read: Too bad that it does not take in enough to fully fund the futures of our children.

    Now for real good night.

    God Bless.

  6. White House rejects request to use stimulus to pay off state debt

    WASHINGTON (CNN) — The White House has rejected South Carolina Gov. Mark Sanford’s request to use a portion of the state’s allotted federal stimulus funds to pay off state debt instead of spending it on government services or programs.

  7. Steve

    RSS feeds look good.

    Happy St Patrick’s Day indeed. By the way yesterday was James Madison’s birthday. I don’t know if that was noted here or not.

    Without doubt the current rank hypocrisy about deficits is hollow outrage. Its obstructionism. I didn’t see any tears when we were pouring out the treasury in Iraq (and still are). Building infrastructure was fine over there.

  8. dnd

    Happy St. Patrick’s Day. Green beer for everyone!

  9. nannymm

    Morning! Happy St. Paddy’s Day!

  10. horsedooty

    as a Scotsman, well you know….

  11. dnd

    “by running up large deficits we are in fact “mortgaging our children’s future” ”

    I think you misunderstood the context. When Republican’s make that statement, they’re referring to their own children. They could care less about anybody else’s kids. Hey, somebody has to work at McDonalds! 😉

  12. dog's eye view

    Doots: that’s funny about being a Scotsman.

    I don’t think we have any Irish blood, but do have some Scots. That said, a good brew — especially Guinness — and lightheartedness is welcome any day.

    dog o’dog

    LATimes: photo gallery of Irish-themed food, with recipes,0,1728493.photogallery

  13. horsedooty

    what do you call an Irishman that hangs out on the back porch?

    Patio furniture

  14. horsedooty

    it is said that God invented Whiskey so that the Irish would not be able to rule the world.

  15. colleenerin

    happy st. pat’s day to all and especially our Irish president O’Bama

  16. Our children’s future is right here, right now. We need everything fixed today, so they have a chance for a brighter tomorrow….
    lol -dnd – kind of like “the world needs ditch diggers too”

  17. Afternoon peeps, and doots that patio furniture joke is sooooooooooooooooooooooooooooo old.

  18. White House Fountains Dyed Green For First Time At Michelle Obama’s Request

    Pretty cool considering how much she hates whitey!

  19. That’s so fun……go Michelle !

  20. Rezdog

    Here’s a Daily Show clip about short selling. It’s not real informative but a bit of a laugh.

  21. Libertarians Gone WildRon Paul’s insane cameo in the upcoming Bruno movie.

    More seriously weird shit!

  22. horsedooty

    admit it Brian, you laughed at it thou, didn’t you?

    “Afternoon peeps, and doots that patio furniture joke is sooooooooooooooooooooooooooooo old.

  23. I chuckled, trying to figure out what’s older, you or that joke!


  24. Cleveland has a very large Irish population… is beautiful, sunny and about 64 degrees….this is going to be a wild day for many…..good day to stay off the roads as drinking starts at 6:00 am for some.
    Thanks Rez….I’ll take a peek

  25. What If Jon Stewart, Instead of John King, Interviewed Dick Cheney

    I’m glad to see people are calling out John King on the dismal job he did interviewing Cheney

  26. dog's eye view

    Interesting story out of Pakistan.

    Stigma-Crushing Pakistani Marries

    ISLAMABAD, Pakistan — Mukhtar Mai, the resilient Pakistani who was gang raped in 2002 on the orders of a village council but became a symbol of hope for voiceless and oppressed women, has married.

    In a telephone interview on Tuesday, Ms. Mukhtar, 37, said her new husband is a police constable who was assigned to guard her in the wake of the attack and who has been asking for her hand for several years. She is his second wife.

    Ms. Mukhtar will remain in her own village. Her new husband can visit her, as he likes. And she looked out for the first wife as a condition of marrying.

    Very strong woman, and principled. Whole story is quite a tragedy.

  27. Cuomo Reveals AIG Details: 73 Employees Got Multi-Million-Dollar Bonuses

    Cuomo reveals that 73 individuals received bonuses of $1 million or more, with one recipient getting a bonus of more than $6.4 million.

  28. I wonder if they ( AIG people ) shipped their bonuses off shore yet?

  29. It’s amazing to hear how many people are coming forward to defend the bonuses. Wall Street seems to have it’s collective head in the sand!

  30. I think Wall Street is in for a major adjustment, and it can’t come fast enough for me…..

    Their heads are in the sand because they can’t face the fact that their easy-money-making-lives may have changed forever, on Election day…..

  31. I was just poking around the BC blog, and found the White House Museum link at the bottom of the Blogroll & Links page….I will be looking at that some more, it’s really a cool link…..the first room I had to visit……The Lincoln Bedroom. What a gorgeous bed!

    Good work Brian.

  32. Yeah that is a good link, I go there a lot to see new pics, I’m such a history nerd! LOL

  33. Check the our links page on a regular basis, I’ll be adding more links over the next couple of weeks.

  34. dnd

    I think Shep Smith is angling to get a job at CNN.

  35. Shep Smith is super creepy!

  36. nannymm

    Check out this commentary by Paul Begala. He nails it with this one. Note the part about Cheney’s view of torturing a kid by crushing his testicles. Talk about creepy! Cheney should be tortured.

  37. Steve

    Lurking…the markets were healthy today for a while though citigroup is coming bac down to earth…I will be around

  38. Steve

    RE 1 PM Glenn Beck…I am sure his tears were for some poor downtrodden person…..other than himself…

  39. Steve

    …checking back in later…

  40. Hey so far 681 visitors today on the blog, our best day ever!

  41. nannymm


  42. dnd

    Back on-thread, making sure the next generation gets the best education possible is not just in their parent’s interest, it’s in everyone’s interest. Who else is going to take care of us when we’re old coots?

    Good health care and good nutrition is vital for a good education. If the parents can’t afford it, it’s is societies interest to make it happen.

  43. Steve

    Unfortunately Public education is in a rut right now. No Child Left has been a disaster and I am sorry the Democrats stayed with it. Also, its under assault from right wing kooks.

    We haven’t been creative either… to do better

  44. David Shuster may be wearing the uglist tie I’ve seen in a long long time

  45. Steve

    Who is going to have the temerity to tell Shuster the wet look went out in 1973?

    Good reporter though.

  46. Steve I’ve felt for a long time (and I’m sure my pro-union bias has something to do with this), but it seems to me we’ve been scape goating the teachers and the teachers unions for far too long. I don’t care how good and committed teacher you are, if you have a class of 50 students in a building that’s falling down children are not going to learn.

  47. dnd

    David Corn was brilliant on Schuster 1600 tonight talking about Bush and Cheney. Hope that shows up on his blog tomorrow.

  48. Well if he’s reading our blog, you just told him Steve! maybe we should twitter him!

  49. Steve

    Don’t get me started on how useless the NEA is. Its nothing but a good strawman for the Righties to beat up on. One of these days I will launch into that.

    By the way, I appreciate all the support from the BCers. I dont think i have ever felt any heat here for being a teacher.

    The stimulus package is at least a step in the right direction.

  50. Steve

    Cheney’s really been visible lately, hasn’t he, DND? Kind of ironic, isn’t it? Dude vanished for most of the time over the last 8 years. We needed an APB on him. Now we cant get rid of him!

  51. nannymm

    No matter how good the teachers are or how great the school building are, kids will not succeed without a supportive environment. Kids need to be safe and secure at home and school. They need nutritious meals, appropriate health care, and parents who provide them with support and encouragement. Children need structure and guidance. They need to know that their parents expect them to learn and do well; to respect their teachers and behave in class; and to do their assignments and study. Unfortunately, too many parents neglect their responsibilities and their children suffer the consequences, as does society as a whole. If we want to make sure that all children are well educated, we need to find a way to ensure parental involvement and hold parents accountable.

  52. dnd

    I’m always amazed at St. Patrick’s Day in Denver. Saturday had a quarter million turn out for the St. Patrick’s Day parade; biggest parade west of the Mississippi. Sunday had the world’s shortest St. Patrick’s Day parade (one block) in Boulder.–Downtown-Boulder-Colorado

    The local news was showing people lining up at bars at 7am this morning, and those bars were still packed at 5pm tonight. It probably didn’t help that it was unseasonably warm today.

    What’s amazes me is that while Colorado has a substantial Irish-American population, there is a larger Italian-American population, a larger Asian-American population, and they are all dwarfed by the Mexican-American population. But today, we’re all Irish.

  53. dnd

    “Cheney’s really been visible lately, hasn’t he, DND? Kind of ironic, isn’t it? Dude vanished for most of the time over the last 8 years. We needed an APB on him. Now we cant get rid of him!”

    LOL Hip!
    I thought it was really tasteless for Cheney to speak out so soon. There’s a certain polite protocol that former administrations adhere to. I was disappointed that John King didn’t lay into him. Sure he wouldn’t have any more access, but who cares? Cheney is only relevant if it turns out he broke the law.

  54. Steve

    Nanny, I am blssed with good parents where i am at, but I know it can be tough elsewhere. You are right, it all starts at home…..

    Gotta run for the night, troops, wifey has flowers in her hair. She may be feeling romantic!

  55. dnd

    “Don’t get me started on how useless the NEA is. ”

    I’ve got a teacher friend who shares your sentiment. Looking forward to getting a thread post on that and your position on education in America.

  56. Oh steve I decided to long ago over look the fact you’re a teacher, just like the guns!


    (I really should learn how not to be a smart ass to a man with a loaded gun)

  57. nannymm

    Steve, why on earth would anyone give you heat for being a teacher? IMO, teaching is one of the most necessary and honorable occupations one could be engaged in. Teachers need support, not grief.

  58. Hell I even like laywers, why would I have anything against teachers!

  59. Ok folks, the blog servers are set to GMT time, so according to the server it is now 3/18, and the final visitor count for 3/17 is:

    drum roll please

  60. Well you are a step ahead of me. I still don’t care much for lawyers. 😉 Best lawyer I ever hired was myself, do it yourself with NOLO press…

    I was raised by a teacher….My daughter is going into teaching because of the failures she witness by teachers in her High School…….I am really supportive of higher pay for teachers and smaller class size….I think the profession has been disrespected and marginalize for far too long.
    This may sound odd to you all but I would not be the least bit surprised if Cheney ended up being diagnosed with a brain disorder, sounds creepy and I am not making excuses for his recent comments, but seriously….he’s off his rocker.

  61. “This may sound odd to you all but I would not be the least bit surprised if Cheney ended up being diagnosed with a brain disorder, sounds creepy and I am not making excuses for his recent comments, but seriously….he’s off his rocker.”

    Wishful thinking ub?

  62. Trying to find reason in the absurd……

  63. nannymm

    He has a mental disorder, not doubt about it. He’s a paranoid megalomaniac who suffers from delusions of grandeur.

  64. LOL @ Keith, “all you can eat”


  65. I just saw that (KO)…lol….funny
    Thanks Nanny, I needed some clarity…..

  66. If you are lurking, Hip!

    Steve said “citigroup is coming back down to earth”

    Curious as to where you think Citi should be….it’s my pet project lately..and I don’t have a clue….very peculiar times…..

  67. nannymm

    You’re very welcome, UB.
    KO is funny tonight. I bet he’s all broken up about not being on the secret email list. Anyone now one he can be invited to join? 😛

  68. Why does the Red Cross keep these reports of torture private?

    “Let the prosecutions begin” – Keith O

  69. dog's eye view

    It’s not GMT everywhere.

    For those still celebrating St. Pat’s, how can you not smile at these 2 beagles in novelty hats?

  70. The first dog looks a bit pissed…..don’t you think?

    Thanks Dog.

  71. nannymm

    Awww! They’re adorable, UB.

  72. “that dude” I know you guys saw that…it was funny

  73. Good evening gang…

    Well they were saying earlier on MSNBC that AIG workers were getting death threats and they now have extra security around the building in Connecticut where the bad paper was made.

    They also ask the news crew not to take any photos of anyone leaving the building.

    It seems that public humiliation could be deadly for them.

    Also since I don’t have cable I will need to wait until tomorrow to see K.O. and Rachael since I can watch and listen on my computer at work.

    I hope it was a good show since they both are doing well putting the crime family in the public’s eye for all too see.

    Well let me go and see what else is happening around the blogosphere.

    Take care and …

    God Bless.

  74. I’m just jealous because my dogs refuse to “dress up”….no matter what holiday it is

  75. Many of the AIG employees that received those bonuses don’t even work there anymore…..

  76. dog's eye view

    yes, I do believe that first beagle is not happy with his attire. He’s saying: Do I have to be photographed in this? Must I be a caped crusader? Second dog is just fine.

    Burrito: I think you are right about Dick Cheney possibly having physically-caused mental changes. Vascular problems.

    Here’s a New Yorker article about how 43’s administration froze Brent Scowcroft out; it seems to stand up to time.

    Scowcroft is generally very careful in his comments.

    This quote has always stood out for me.

    “The real anomaly in the Administration is Cheney,” Scowcroft said. “I consider Cheney a good friend—I’ve known him for thirty years. But Dick Cheney I don’t know anymore.”

    Scowcroft was speaking about Middle East politics, but I’ve always thought the quote was broader. After all, 41 was pleased Cheney had been installed as consigliere.

    source: Jeffrey Goldberg’s article, Breaking Ranks, fall 2005

  77. dog's eye view

    Hello AP. Great to see you here.

    Any luck getting the kitties into Irish attire?

  78. dog's eye view

    Made this corned beef recipe for dinner. It was splendid. Used a pressure cooker for an hour instead of the slow cooker (no time), but flavor was excellent.

  79. Hi dog…

    Are you kidding. They have all there claws and I’m not into getting scratched or pain. LOL…LOL…

    God Bless.

    PS: I have a new post up about them.

  80. Hey the Mentalist is about a stock broker who got blown up in a van.

    Seems everyone is now putting the market meltdown into there television shows.

    God Bless.

  81. They showed a clip of the Simpson’s and it was about them getting a new mortgage on their house.

    The housing bubble hit them as well it seems.


    God Bless.

    Back later.

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