In our current system, there is little or no incentive for our leaders to do what is right for the next generation -- if it in any way conflicts with immediate concerns.

We know debt is bad, but in the short-term it's easier to keep spending. And we realize that deficits are a problem, but it's easier to ignore this problem and keep raising the debt ceiling.

This problem is systemic. For example, our business world is too often dominated by "Quarterly Capitalism," which means that most companies manage their business one quarter at a time. The cause of this is the way our tax system is structured, with the government forcing this quarterly approach on business.