The National Debt and Our Grandchildren: Should We Worry?

 Throughout our history Americans have embraced the myth that our national debt is immoral and destructive.   This deeply rooted belief goes back to our Founding Fathers: Jefferson excoriated debt as "the greatest of dangers to be feared." Andrew Jackson demonized debt as "a national curse." Current political leaders continue to endorse this negative view of our national debt. Obama said that incurring debt was "irresponsible" and "unpatriotic." John McCain condemned it as "genera